V-FM Pensions #141: A CDC geek out with WTW's Simon Eagle

In this episode of V-FM Pensions, hosts Darren and Nico chat to Willis Towers Watson's Simon Eagle. Simon has been instrumental in the development of CDC in the UK, being the scheme actuary for the Royal Mail CDC scheme. We chatted through the evolution of CDC in the UK, the original ideas behind defined ambition, the introduction of the Royal Mail scheme, and what next for CDC, including retirement-only CDC. We also discussed the challenges of introducing retirement-only CDC and how some of these challenges can be addressed in the context of how people turn their pension pot into a retirement income. We found out how Simon got into pensions and, of course, what value for money means to him.