DWP 'minded to assist' Royal Mail CDC plans but offers no 'bespoke legislation'

James Phillips
clock • 3 min read

The government is "minded to assist" any collective defined contribution (CDC) proposal that may arise from Royal Mail and the Communication Workers Union (CWU), Guy Opperman has said.

However, as "there is only one person in the queue at this moment", the Department for Work and Pensions (DWP) will not proceed solely for the postal firm and its workers. Instead, the DWP will ...

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

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

James Phillips
Author spotlight

James Phillips

Professional Pensions journalist from 2016-2022

More on Defined Contribution

Verity Trustees adds Sharia-compliant fixed income fund for DC members

Verity Trustees adds Sharia-compliant fixed income fund for DC members

TPT trustee board selects HSBC Global Sukuk UCITS ETF to expand self-select fund range

Jonathan Stapleton
clock 05 May 2026 • 1 min read
PPI: How targeted support could improve retirement outcomes

PPI: How targeted support could improve retirement outcomes

Lauren Wilkinson looks at how the FCA’s new regime could help bridge the engagement gap:

Lauren Wilkinson
clock 01 May 2026 • 4 min read
Partner Insight: Making private markets work for members – a guide for defined contribution trustees

Partner Insight: Making private markets work for members – a guide for defined contribution trustees

When capturing the potential that private markets could offer defined contribution schemes, trustees need to ensure they have absolute clarity on fees, fund structures and liquidity, says BlackRock’s James Rowe.

James Rowe - Managing Director, Head of UK Institutional DC
clock 01 May 2026 • 7 min read
Trustpilot