Collective defined contribution (CDC) arrangements could be set up without needing full CDC legislation, which would speed up and make the process easier, the Communication Workers Union (CWU) has claimed.
Existing defined contribution (DC) legislation could instead provide the framework for CDC - although some legislation may still be needed - the union claimed as it said it has reached a "negotiator's...
The top stories this week were the High Court's decision to block the £12bn annuity transfer from Prudential to Rothesay Life, and a separate court ruling that 'raises the bar' for pension rectification exercises.
Guaranteed minimum pension (GMP) equalisation has soared to the top of pension schemes' to-do lists, with 58% stating it is a priority project, research from Equiniti has revealed.
Professional Pensions is holding its defined contribution (DC) conference on 4 September.