Reaction: CDC consultation branded big step forward for pensions but challenges remain

Stephanie Baxter
clock • 3 min read

The industry has broadly welcomed the Department for Work and Pensions' consultation on collective defined contribution (CDC) as a move towards improving retirement outcomes.

The long-awaited paper on collective forms of saving makes a number of proposals to ensure that members' investments are protected and costs are controlled while seeking to avoid the pitfalls of su...

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