CDC schemes can provide fairness for members, LCP says

Consultancy says CDC schemes will need to earn the trust of members and employers

Martin Richmond
clock • 3 min read
CDC schemes can provide fairness for members, LCP says

The introduction of the next generation of collective defined contribution (CDC) schemes can provide fairness for savers alongside the broader benefits they offer, LCP has said.

In a blog published today (17 February), the consultancy noted since CDC schemes provide an income for life, at a "significantly" higher level compared to a DC scheme, it is expected that CDC schem...

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