Pensions minister Steve Webb explains the significant role large scale collective defined contribution (CDC) could play in the UK.
Speaking at the Pensions and Benefits Show 2013, Webb also talks about the latest Pensions Bill, the balance of regulation in the UK, whether he has got too close to the industry and if we can expect any...
This week's edition of Professional Pensions is out now.
Nearly 60% of UK employers consider defined contribution (DC) master trusts to be the "most suitable" pension fund for their employees, according to research by Buck.
Companies which have tried to dodge their pension duties by changing their identities are being "hunted" by The Pensions Regulator (TPR) in a crackdown on non-compliance with auto-enrolment (AE).
Removing liquidity restrictions would enable DC funds to capitalise on the potentially higher and safer returns that DB schemes have benefitted from, says Patrick Marshall.