Avoiding generational unfairness with CDC

Charlotte Moore looks at the appeal of CDC and the issues that may hold it back

clock • 7 min read
The appeal of CDC is that it can resolve some of the challenges faced by scheme members at retirement
Image:

The appeal of CDC is that it can resolve some of the challenges faced by scheme members at retirement

The Pension Schemes Act 2021 created a new framework for collective defined contribution (CDC) schemes, and regulations for single and connected employer CDC pension schemes – laid before parliament in December last year – fleshed out that regime.

In January, The Pensions Regulator (TPR) published a consultation on a new code of practice for the authorisation and supervision of CDC schemes - saying it would be accepting applications for auth...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

More on Defined Contribution

Will the Pensions Review herald long overdue integrated policy making?

Will the Pensions Review herald long overdue integrated policy making?

Stephanie Hawthorne asks the industry what should be the Pension Review’s priorities?

Stephanie Hawthorne
clock 24 October 2024 • 12 min read
Three key policy asks to ensure better decumulation outcomes for savers

Three key policy asks to ensure better decumulation outcomes for savers

Standard Life sets out its wishlist for decumulation reform

Jonathan Stapleton
clock 24 October 2024 • 3 min read
PLSA 24: DC consolidation must be in the members' best interest

PLSA 24: DC consolidation must be in the members' best interest

Industry panel says efforts to address adequacy and consolidation efforts must be right for savers

Martin Richmond
clock 17 October 2024 • 3 min read
Trustpilot