DWP 'minded to assist' Royal Mail CDC plans but offers no 'bespoke legislation'
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 seek...
More on Defined Contribution
How DC investment strategy is evolving
Our panel discusses how DC investment will develop following AE implementation and the completion of master trust authorisation
USS gives DC master trust members access to private markets investments
The Universities Superannuation Scheme (USS) is now enabling members of its Defined Contribution Investment Builder master trust to access private markets investments.
Government must usher in decade of AE renewal
The government must take advantage of its majority to push through further reforms to auto-enrolment, says James Phillips.
CDC is key for nascent cultural revolution
The general election showed an increasing focus on collective over individual interests. CDC could fit right in, says Hilary Salt.
CDC success reliant on 'fairer' balance of priorities
Collective defined contribution (CDC) schemes will offer members and employers a more satisfactory balance between affordability and security if they can meet both parties’ needs, according to Unbiased.
