PP Live: Royal Mail on the biggest challenges to CDC

Royal Mail is set to be the first pension provider to use a CDC model

clock • 3 min read
PP Live: Royal Mail on the biggest challenges to CDC

The capacity for savers to fully grasp the impact of the changes to their defined benefit (DB) pension scheme is the biggest challenge to Royal Mail’s planned collective defined contribution (CDC) model implementation.

Speaking at Professional Pensions Life earlier this week, head of corporate pensions Angela Gough said the key risk was around member understanding of the CDC arrangement. "The risk is that if m...

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