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
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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...

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