August date sealed for CDC authorisation applications

Date comes as TPR opens a consultation into authorisation procedures

Hope William-Smith
clock • 2 min read
August date sealed for CDC authorisation applications

The Pensions Regulator (TPR) has confirmed trustees will be able to apply for authorisation to operate a collective defined contribution (CDC) scheme from August as it calls for further industry input on authorisation and supervision.

In a consultation today (25 January) on the draft content for a new code of practice, the regulator said it still held some concerns for savers and wanted to look more closely at authorisation and ...

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 Defined Benefit

Industry welcomes proposals to grant DB schemes easier access to surpluses

Industry welcomes proposals to grant DB schemes easier access to surpluses

Providing schemes access to surpluses could be of ‘great benefit’ to sponsors and members

Martin Richmond
clock 18 April 2024 • 8 min read
FTSE 350 DB aggregate surplus sees narrow growth in March

FTSE 350 DB aggregate surplus sees narrow growth in March

Mercer analysis finds surplus grew by £7bn and aggregate funding levels rose to 111%

Martin Richmond
clock 17 April 2024 • 2 min read
Professional Pensions' DB Funding Index

Professional Pensions' DB Funding Index

How the funding of defined benefit pension schemes is changing

Jonathan Stapleton
clock 17 April 2024 • 1 min read
Trustpilot