Pensions minister confirms legislation to expand CDC to be laid in the Autumn

DWP says ‘innovative’ funds will deliver higher incomes and lower risks for pensioners

Holly Roach
clock • 2 min read
Attribution 3.0 Unported (CC BY 3.0) parliament.uk
Image:

Attribution 3.0 Unported (CC BY 3.0) parliament.uk

Pensions minister Torsten Bell has confirmed plans to lay new legislation in the Autumn to allow multi-employer collective defined contribution (CDC) schemes to be established.

CDC schemes pool investment and longevity risks and aim to support predictable returns for savers at no additional cost to employers. The Department for Work and Pensions (DWP) said the "innovat...

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 Industry

Nuveen completes Schroders acquisition to create $2.6trn mega-manager

Nuveen completes Schroders acquisition to create $2.6trn mega-manager

Nuveen chief executive says acquisition will provide a ‘once-in-a-lifetime opportunity’

clock 01 October 2026 • 2 min read
Pensions UK launches micro business membership trial

Pensions UK launches micro business membership trial

Pilot priced at £500 for organisations with ten employees or fewer

Jonathan Stapleton
clock 30 September 2026 • 1 min read
Triple lock played 'important role' but inevitable it would 'always need to end'

Triple lock played 'important role' but inevitable it would 'always need to end'

Pensions industry reacts to triple lock change confirmed by Burnham yesterday

Holly Roach
clock 30 September 2026 • 4 min read
Trustpilot