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
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- 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
