CDC support grows; one fifth of businesses considering use

The ACA said interest in CDC is growing, spurred by the Royal Mail CDC scheme

Holly Roach
clock • 2 min read
The report also found 25% would consider a CDC master trust for both accumulation and decumulation
Image:

The report also found 25% would consider a CDC master trust for both accumulation and decumulation

Support for collective defined contribution (CDC) schemes is growing with more than a fifth of businesses now considering using it for their own employees, according to the Association of Consulting Actuaries (ACA).

The firm's 2021 Pension Trends Survey revealed more than half (58%) of survey respondents support extending CDC beyond the Royal Mail scheme, to allow industry-wide and multi-employer while 21% of ...

To continue reading this article...

Join Professional Pensions

  • Unlimited access to real-time news, analysis and opinion from the industry
  • Receive our in-depth monthly magazine in either print or digital format
  • Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
  • Receive important and breaking news stories selected by the Editors in our daily newsletter
  • Hear from industry experts and other forward-thinking leaders
  • Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date

Join now

 

Already a Professional Pensions member?

Login

More on Appointments

People Moves: Pan Trustees appoints professional trustee

People Moves: Pan Trustees appoints professional trustee

John Breedon named as new professional trustee

Professional Pensions
clock 15 August 2022 • 1 min read
Smart expands practice with key appointment

Smart expands practice with key appointment

Anish Rav joins the firm in the newly created role of director of retirement

Holly Roach
clock 11 August 2022 • 2 min read
Unisys pension schemes select Cardano for FM

Unisys pension schemes select Cardano for FM

The firm was selected earlier this year following a competitive tendering process

Holly Roach
clock 09 August 2022 • 1 min read
Trustpilot