DWP gives green light to CDC; will extend to wider models after Royal Mail scheme

Kim Kaveh
clock • 4 min read

Collective defined contribution (CDC) provision will be introduced slowly, starting specifically with a Royal Mail scheme and then rolling it out more widely, the government has confirmed.

In a consultation response, published today (18 March), the Department for Work and Pensions (DWP) said this is a "very complex area of legislation" and that "we need to be sure that we have the de...

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