Industry welcomes the launch of first UK CDC pension scheme

Royal Mail CDC scheme hailed as ‘important milestone’ for UK pensions landscape

Martin Richmond
clock • 4 min read
Industry welcomes the launch of first UK CDC pension scheme

The industry has welcomed the launch of the Royal Mail Collective Pension Plan (RMCPP), the first collective defined contribution (CDC) pension scheme in the UK.

The RMCPP, which was launched today (7 October), will pool members' contributions to provide them with an automatic income for life and a cash lump sum in retirement. Employees with at least one ye...

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

More on Defined Contribution

Partner Insight: From policy ambition to practical capital - the value of listed infrastructure investment companies

Partner Insight: From policy ambition to practical capital - the value of listed infrastructure investment companies

Minesh Shah, Managing Director, The Renewables Infrastructure Group
clock 10 June 2026 • 5 min read
Guided retirement could play 'critical role' in strengthening outcomes

Guided retirement could play 'critical role' in strengthening outcomes

Institute’s report says segmentation will be central to the design of guided retirement solutions

Martin Richmond
clock 08 June 2026 • 6 min read
DC strategies remain growth-focused despite market volatility

DC strategies remain growth-focused despite market volatility

Isio analysis shows providers remain focused on long-term outcomes despite geopolitical instability

Martin Richmond
clock 04 June 2026 • 3 min read
Trustpilot