DWP to set out CDC proposals in 'coming weeks'
The government will proceed with legislation to implement collective defined contribution (CDC) schemes and aims to formally respond to the consultation in a matter of weeks, Guy Opperman has confirmed.
The minister for pensions and financial inclusion's comments come just weeks after the consultation, which explored how to deliver CDC, closed to responses. Royal Mail's plans to introduce a CDC scheme...
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Star: Defining and demonstrating transfer excellence
Schemes already face a legislative requirement to carry out transfers promptly and efficiently, so they should voluntarily get on board with the industry-developed solution, says Tom McPhail
Poor governance just as bad for DC funds as high costs
Low member engagement, poor scheme governance, and multiple pots can be equally as detrimental to defined contribution (DC) funds as opaque charges and high costs, research finds.
PMI seeks industry participation in newly-launched Master Trust Working Group workstreams
The Pensions Management Institute's (PMI) Master Trust Working Group is inviting pension experts to participate in four workstreams to tackle barriers to good service delivery and positive member outcomes.
Exclusive: FTSE 350 employer contributions on the rise while executive pensions shrink
Willis Towers Watson has published a report looking at DC trends over the past year. Kim Kaveh looks at the findings.
PP Brexit Advisory Panel: Why schemes must prepare for all outcomes
Professional Pensions' expert Brexit Advisory Panel discusses the key considerations for schemes ahead of the UK's potential exit from the European Union