DWP to consult on new types of CDC schemes late this year

Pensions minister Guy Opperman said the government is ‘keen to move quickly’

Hope William-Smith
clock • 3 min read
Strand in London — the location of the Royal Society of Arts
Image:

Strand in London — the location of the Royal Society of Arts

The Department for Work and Pensions will consult on ‘a package of prospective design principles’  to accommodate new types of collective defined contribution (CDC) schemes later this year.

Speaking yesterday (28 March) at a Royal Society of Arts (RSA) CDC forum, pensions and financial inclusion minister Guy Opperman said he was keen to "capitalise on the enthusiasm" around CDC. Re...

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