Current tax restrictions 'limiting' effectiveness of CDC for savers

Hymans Robertson says CDC can meet the ‘complex demands’ of members

Holly Roach
clock • 2 min read
Hymans Robertson head of DC markets Paul Waters
Image:

Hymans Robertson head of DC markets Paul Waters

Current tax restrictions must be eased as they “risk limiting the effectiveness” of collective defined contribution (CDC) for UK savers, Hymans Robertson says.

The consultancy urged policymakers to allow more flexible approaches to retirement CDC, including "carefully designed" transfer options to ensure better outcomes. Hymans said while the broader p...

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 Collective Defined Contribution

How should trustees approach the new CDC world?

How should trustees approach the new CDC world?

Sackers’ Michael Jones looks at what CDC means in practice for trustees

Michael Jones
clock 11 August 2026 • 5 min read
TPT launches CDC modelling capability solution in collaboration with Moody's

TPT launches CDC modelling capability solution in collaboration with Moody's

Solution designed to support the ‘distinct’ requirements of CDC schemes

Martin Richmond
clock 10 August 2026 • 2 min read
Aon to introduce whole-life multi-employer CDC section to master trust

Aon to introduce whole-life multi-employer CDC section to master trust

Consultancy said it will add section to the Aon Master Trust in 2028

Holly Roach
clock 06 August 2026 • 2 min read
Trustpilot