collective defined contribution


Telstra Super to explore collective defined contribution scheme

Telstra Super is to explore the potential to create a collective defined contribution scheme as a way of avoiding sequencing risk for its members. Chris Davies, chief executive of Telstra Super, says the $17.5 billion fund has the scale to tailor its own pooled investment vehicle that would smooth investment outcomes. He believes the fund […]
Investment Strategy

Unisuper to design own retirement products

UniSuper is in the planning stage of building several retirement products for its members rather than rely on off-the-shelf solutions from providers. The $45 billion fund wants to use its scale to create products such as a pooled longevity product with a mortality bonus for those that live longest, similar to Mercer’s group self- annuity, […]
Investment Strategy

Australia eyes global shift to collective defined contribution

The global shift towards collective defined contribution (CDC) has gathered momentum after the UK government announced its intention to remove legal impediments to their set up last week. In March, Unisuper asked the Financial System Inquiry to consider how the best features of pension systems in the Netherlands and Canada could be emulated in Australia, […]