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

Three quarters of DC schemes just 'minimally involved' in private markets

Three quarters of DC schemes just 'minimally involved' in private markets

But majority believe trustees should ‘seriously consider’ private markets for most schemes

Jonathan Stapleton
clock 18 July 2025 • 2 min read
Heka Global raises more than £10m to help UK pension schemes trace 'lost' members

Heka Global raises more than £10m to help UK pension schemes trace 'lost' members

Firm secures backing of institutional investors for its AI engine to reconnect members with lost pots

Martin Richmond
clock 16 July 2025 • 1 min read
Could early access to pensions be a path onto the property ladder?

Could early access to pensions be a path onto the property ladder?

Martin Richmond looks at the benefits and drawbacks of allowing early access to pensions

Martin Richmond
clock 10 July 2025 • 18 min read
Trustpilot