CDC easy to enable but needs clear governance from the get-go, MPs told

James Phillips
clock • 3 min read

Collective defined contribution (CDC) schemes will need clear and transparent governance frameworks, as well as effective communication strategies, to be a success, the Work and Pensions Committee (WPC) has been told.

In evidence to its inquiry into the mooted schemes, several experts told the committee the schemes could be enabled with small changes to existing legislation, including building in specific govern...

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

James Phillips
Author spotlight

James Phillips

Professional Pensions journalist from 2016-2022

More on Defined Contribution

Number of LTAFs to increase in coming years, DC experts say

Number of LTAFs to increase in coming years, DC experts say

DCIF research finds DC sector expects a ‘significant’ increase in the number of LTAFs

Martin Richmond
clock 10 September 2024 • 2 min read
Industry panel calls for 'reframing' of debate around DC consolidation

Industry panel calls for 'reframing' of debate around DC consolidation

Report says key question should be ‘how will this benefit the end member?’

Jonathan Stapleton
clock 09 September 2024 • 2 min read
Maps launches Pension Wise Digital service

Maps launches Pension Wise Digital service

Service will provide pension support through digital means for users

Martin Richmond
clock 09 September 2024 • 2 min read
Trustpilot