Three to five years until CDC is up and running, says industry
It will take between three and five years before collective defined contribution (CDC) schemes are up and running, despite the government launching a consultation on the provision.
This week's 99 Pensions Buzz respondents also answered questions on the responsibilities and capacity of The Pensions Regulator, and whether defined benefit schemes should be simplified and standardised....
More on Defined Contribution
Exclusive: Evolve Pensions overhauls online offering with additional tools and access
Evolve Pensions has launched a new member website called Evolink for its Crystal master trust, which includes additional online functionality to its previous system.
Metropolitan Thames Valley to open DC arrangement and appoint master trust
Metropolitan Thames Valley Housing (MTVH) is planning to set up a defined contribution (DC) pension arrangement to provide future benefits for current employees and new joiners through auto-enrolment (AE).
Master trusts liable for quarter of general levy costs despite holding only 2% of funds
Ten master trusts will pay at least 25% of the total general levy despite holding just 2% of assets, according to The People’s Pension (TPP).
The People's Pension delays plans to cut fees for 4.7 million members
The People’s Pension’s (TPP) plans to overhaul its charging structure have been delayed following system testing issues.
PASA publishes master trust transition guidance
The Pensions Administration Standards Association (PASA) has published its first batch of guidance on defined contribution (DC) master trust transition, as further consolidation is expected.
