IFoA issues CDC call to government in bid to rebalance risk

Jonathan Stapleton
clock • 1 min read

The Institute and Faculty of Actuaries (IFoA) has urged the government to tackle social care reform and to support alternative structures, such as collective defined contribution (CDC) schemes, to rebalance the risks facing individuals.

In its statement - published ahead of the Queen's Speech, which is expected to be delivered next Tuesday (11 May) - the professional body said a long-term view was essential to meet the needs of UK...

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