Cunningham: CDC is a 'prize waiting on the statute book'

James Phillips
clock • 1 min read

The government needs to take "decisive action" and make provision for collective defined contribution (CDC) schemes, the shadow pensions minister has argued.

These schemes, also known as ‘defined ambition', share risks collectively among members and would secure better retirement funds "for hundreds of thousands of ordinary working people", Alex Cunning...

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

Rethinking DC strategy: Simplicity, innovation and the road ahead

Rethinking DC strategy: Simplicity, innovation and the road ahead

Matthew Webb sets out three actionable suggestions to improve member options

Professional Pensions
clock 06 May 2025 • 3 min read
People's Pension launches pension transfers tool

People's Pension launches pension transfers tool

Pension Consolidation Calculator aims to help savers understand charges when transferring a pension

Martin Richmond
clock 06 May 2025 • 3 min read
Government announces small pensions pot consolidator

Government announces small pensions pot consolidator

Pension Schemes Bill measure will reduce admin costs and boost pots

Jonathan Stapleton
clock 24 April 2025 • 2 min read
Trustpilot