CDC

UMES regs to be laid in parliament this week and DWP to consult on retirement CDC policy

Paper encourages industry to learn from international experience and to envision new investment strategies

Festina Finance says schemes should ‘upgrade their technology’ to be compliant by 2027

Organisation plans to distribute surplus to scheme members from year five onwards

Growing numbers of members choosing to stay with master trust as Gen DC start to retire

CDC will lead to rethink of scheme governance, decision-making and member comms

Important to ‘avoid losing momentum’ to meet government’s ‘ambitious’ timetable

Think tank calls for ‘redesign’ of pensions system including Nest moving to CDC model

Government urged to compel schemes to invest 25% in UK, Intellica acquires Cosan, TPT launches multi-employer CDC solution

Provider will also develop single-employer CDC schemes for larger businesses