TPR authorises Royal Mail as UK's first CDC scheme

Royal Mail Collective Pension Plan becomes UK first collective defined contribution scheme

Jasmine Urquhart
clock • 4 min read
TPR executive director of frontline regulation Nicola Parish
Image:

TPR executive director of frontline regulation Nicola Parish

The Pensions Regulator (TPR) has authorised the UK’s first collective defined contribution (CDC) scheme.

The authorisation of the Royal Mail Collective Pension Plan (RMCPP) is the first in the UK, following TPR's Pension Schemes Act 2021, which introduced an authorisation and supervision regime for CD...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

Jasmine Urquhart
Author spotlight

Jasmine Urquhart

Senior Correspondent at Professional Pensions

More on Law and Regulation

UPDATE: Government to develop new competency framework to 'empower' trustees

UPDATE: Government to develop new competency framework to 'empower' trustees

Reforms will also require administrators to register with TPR and meet minimum standards

Jonathan Stapleton
clock 10 November 2026 • 7 min read
Are pension schemes ready for gender recognition cases?

Are pension schemes ready for gender recognition cases?

Nicole Johannesen sets out a three-point checklist to help focus trustee thinking

Nicole Johannesen
clock 09 November 2026 • 4 min read
Paul Maynard – Why pensions adequacy risks becoming nobody's problem

Paul Maynard – Why pensions adequacy risks becoming nobody's problem

Former pensions minister says reformed triple lock will still be driven by annual politics

Paul Maynard
clock 06 November 2026 • 5 min read
Trustpilot