Decumulation Archives - Pension Policy International

December 2023

06DecDecember 6, 2023

UK. Decumulation-only CDC could provide ‘new possibilities’ for retirees – PPI

Decumulation-only collective defined contribution (CDC) pensions could offer new opportunities in the retirement income market and to retirees, but faces challenges in being successful, according to a new report from the Pensions Policy Institute (PPI). It noted that decumulation-only CDC schemes should be able to fulfil their objectives while operating under the current design constraints. CDC schemes were introduced in the Pension Schemes Act 2021 and the PPI believed the legislation was flexible enough to support other applications for CDC schemes. However,...

December 6, 2023

NewsDecumulation, Pension design, UK

November 2023

23NovNovember 23, 2023

The 4% Rule for Retirement Withdrawals Might Finally Be Safe to Use Again, Says Morningstar

There's been an ongoing debate about whether retirees should abandon the "4% rule" for withdrawals from retirement accounts, a retirement income rule of thumb for decades. The market volatility of recent years made that rule suspect for many new retirees, but a new study from Morningstar finds that the rule can still apply. What Is the 4% Rule? Created in 1994 by a financial planner named William Bengen, the 4% rule posits that retirees can make a well-structured retirement fund last 30 years...

November 23, 2023

NewsAdequacy, Decumulation, Pension Payout