Investment risk-sharing is a fundamental part of whole-life collective defined contribution (CDC) pension schemes, such as the Royal Mail CDC. But how does investment risk-sharing benefit members? And does it favour some groups of members over others? Catherine Donnelly present the results of a simplified model of investment risk-sharing. Professor Catherine Donnelly of Heriot-Watt University describes what her Actuarial Research Centre funded research has revealed in this 1 hour webinar chaired by Leah Evans.