CDC authorisation procedures consultation closes

Industry fears unintended consequences of proposed CDC changes

Martin Richmond
clock • 2 min read
Riley: "We remain concerned about the potential unintended consequences of the new code."
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Riley: "We remain concerned about the potential unintended consequences of the new code."

The industry has welcomed the comprehensive proposals outlined in The Pension Regulator’s (TPR) consultation around authorisation procedures for collective defined contribution (CDC) schemes, but fears there could be unintended consequences.

Back in January,  TPR announced it was launching a consultation on a new code of practice for the authorisation procedures. The code was reflected in regulations for CDC schemes published by the De...

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