All Collective defined contribution (CDC) articles
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NewsMegafunds plans could thwart growth of collective DC, AMNT warns
Trustees have warned that the government’s drive to consolidate defined contribution pension schemes could lead to “herding” and a focus on reducing employer costs at the expense of member outcomes.
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NewsOutlook 2025: The pensions industry’s wishlist for the new year
Pensions Expert spoke to six major industry groups to find out what they want to see happen in 2025, from the Pensions Review and the Pension Schemes Bill to trustee powers and improvements to member outcomes.
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OpinionThe year ahead: What to expect, and what needs to happen
Gateley’s Michael Collins outlines 10 key developments to watch out for in 2025 across the pensions industry.
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NewsHigh interest in CDC pensions, survey reports
Four in 10 DC pension schemes say they are “very likely” to introduce a form of collective risk-sharing in the future once legislation allows.
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NewsSimplify CDC rules to ensure success, says pensions industry
Proposed regulations for collective defined contribution (CDC) pension schemes need some refinement to ensure they can succeed for potential multi-employer arrangements, according to industry experts.
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NewsThe Pensions Regulator publishes rulebook for CDC schemes
The Pensions Regulator (TPR) plans to send collective defined contribution (CDC) schemes annual evaluations setting out risks, actions and the regulator’s planned supervisory “intensity”.
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NewsCDC legislation planned for next year, says pensions minister
Pensions minister Emma Reynolds expects fresh legislation for collective defined contribution (CDC) schemes to be laid next year – but they are not expected to feature “directly” in the pensions bill.
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NewsFind an alternative to DC – or else
We need an alternative to DC for a dignified retirement, former general secretary of the Communication Workers Union warns. Could CDC be the sustainable alternative to DC that society needs?
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NewsPensions minister targets growth, better retirement outcomes
The government’s extensive policy reforms anticipated in the Pension Schemes Bill will deliver “the growth the country needs and the security in retirement that savers deserve”, according to pensions minister Emma Reynolds.
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NewsCan CDC help fix a ‘broken’ DC system?
As the government launches a consultation on collective defined contribution (CDC) structures, a new paper from Willis Towers Watson has proposed ways in which the new rules can help improve existing schemes.
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NewsChurch of England eyes CDC as consultation launches
The Church of England and TPT Retirement Solutions have expressed interest in the collective defined contribution (CDC) pension model after the government launched a consultation on a regulatory framework.
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NewsRoyal Mail opens collective DC scheme
Royal Mail has officially opened its collective defined contribution (CDC) scheme to members.
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OpinionPlanning a route to better DC outcomes
Why did the pension trustee cross the road? To catch a bus, but also to demonstrate attitudes to risk, as Maggie Rodger of the Association of Member Nominated Trustees explains.
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FeaturesCDC: Making progress towards a collective goal
This year may finally see the first collective defined contribution (CDC) pension go live in the UK, but doubts remain over how the structure could benefit the wider pension landscape.
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NewsInterview: First Actuarial’s Hilary Salt on her CDC ‘legacy’
Pensions industry veteran Hilary Salt played a pivotal role shaping the UK’s first collective defined contribution scheme, but regulatory hurdles continue to delay its opening.
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OpinionWhy TPT is exploring CDC
Whole of life CDC schemes could provide the best of both DB and DC – but must overcome some teething problems first
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NewsThe industry’s wishlist for the autumn statement
Pensions didn’t feature in the King’s Speech – what would the industry like from the autumn statement?
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NewsMore thought needed on CDC design
Low earners in CDC pension schemes could subsidise the retirement incomes of wealthier members by up to 30%, consultancy argues
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NewsDecumulation call for evidence: Communication is key if scheme members are to be more informed
Industry says DWP call for evidence to help savers make informed decisions was overdue but more work is needed to communicate any enhanced options to members.
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NewsMansion House reforms build momentum behind CDC
Collective defined contribution (CDC) is proving the most popular of the Mansion House ‘reforms’, with more than a third (36%) of trustees and sponsors finding it the most attractive, according to Aon.