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

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...

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