CDC schemes 'must be explicit about potential risks', PPI says

A warning from the Pensions Policy Institute and a view from Royal Mail

Hope William-Smith
clock • 3 min read
CDC schemes 'must be explicit about potential risks', PPI says

Collective defined contribution (CDC) schemes must clearly communicate to members how the model may put their income and benefits at risk of reduction, the Pensions Policy Institute (PPI) says.

In a briefing note published yesterday (14 June) the institute compared CDC models in the Netherlands, Denmark and Canada with plans for the introduction of CDC in the UK from this August, includin...

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 Law and Regulation

Judicial review begins into decision to replace RPI

Judicial review begins into decision to replace RPI

The hearing could have significant ramifications for schemes if successful

Jonathan Stapleton
clock 21 June 2022 • 2 min read
GMB takes Bolt to tribunal in employment and pension fight

GMB takes Bolt to tribunal in employment and pension fight

Legal action launched over denial of employment and pension benefits

Martin Richmond
clock 16 June 2022 • 1 min read
Steve Webb: Progress made but more yet to be done

Steve Webb: How far have we come on pensions policy?

Former minister says Guy Opperman’s five years in office have seen progress in a number of key areas

Steve Webb
clock 10 June 2022 • 5 min read
Trustpilot