Building CDC the right way

11 August 2026

Collective Defined Contribution (CDC) is emerging as a new pension model in the UK, offering a middle ground between traditional defined benefit and defined contribution schemes. By combining collective investment with shared risk, CDC has the potential to improve retirement outcomes while providing employers with greater cost certainty.

In this article, we explore what the UK can learn from the Netherlands, one of the few markets with extensive experience of collective pensions. Read the full article to understand the key design choices, potential pitfalls and practical lessons that can help shape successful CDC schemes for the future.

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This document is issued by Van Lanschot Kempen Investment Management (UK) Ltd. (“VLK Investment Management (UK)”) for information purposes only. The information contained in this document is of a general nature. No part of this document may be reproduced or copied without prior written consent from VLK Investment Management (UK). This document is subject to revision at any time and VLK Investment Management (UK) is not obliged to inform you of any changes made to this document.VLK Investment Management (UK) is registered in England & Wales with registration number 02833264. Registered office: 20 Gracechurch Street London EC3V 0BG Tel: 0203 636 9400

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