Collective Defined Contribution

Retirees could be defaulted into annuity purchase default over CDC at retirement

Minister says CDC has important role in task of finishing pensions settlement

Pensions industry reacts to the government green-lighting CDC scheme expansion

UMES regs to be laid in parliament this week and DWP to consult on retirement CDC policy

Paper encourages industry to learn from international experience and to envision new investment strategies

Festina Finance says schemes should ‘upgrade their technology’ to be compliant by 2027

CDC will lead to rethink of scheme governance, decision-making and member comms

Important to ‘avoid losing momentum’ to meet government’s ‘ambitious’ timetable

Provider will also develop single-employer CDC schemes for larger businesses

DWP says ‘innovative’ funds will deliver higher incomes and lower risks for pensioners