Communication Workers Union
BT Pension Scheme appoints three trustees
The BT Pension Scheme (BTPS) has announced the appointment of three new trustees to its board.
CDC is key for nascent cultural revolution
The general election showed an increasing focus on collective over individual interests. CDC could fit right in, says Hilary Salt.
Guy Opperman: Looking ahead to 2020 - another big year for pensions
The pension schemes bill is set to boost income and protection for pension scheme members, says Guy Opperman, making 2020 a pivotal year for retirement savings.
All we are saying... is give CDC a chance
Darren Philp argues collective defined contribution could really come to life this year if innovation is allowed to thrive.
Govt to consult on CDC in autumn as part of 'ambitious programme of work'
Collective defined contribution (CDC) schemes have taken another step towards reality as the government confirmed it will consult on the "interesting new possibilities" this autumn.
WPC urges government to kick-start 'next great pensions revolution' with CDC
Collective defined contribution (CDC) schemes are the "best means" for achieving the right balance between collective benefit security and individual freedom and choice, the Work and Pensions Committee (WPC) says.
Royal Mail workers vote in favour of pensions deal; paves way for CDC
Postal workers have voted strongly in favour of a deal that includes plans to set up the UK's first collective defined contribution (CDC) pensions scheme, during a Communication Workers Union (CWU) ballot on 28 March.
BT and CWU agree to new 'hybrid' pension scheme
The closure of the BT Pension Scheme (BTPS) to future accrual means 20,000 active members will move to an 'enhanced' defined contribution (DC) scheme, after the company reached a deal with the union.
BT pension compromise with CWU possible by end of next week
BT and the Communication Workers Union (CWU) are said to be close to a deal over the closure of the telecoms company's defined benefit (DB) scheme.
DWP 'minded to assist' Royal Mail CDC plans but offers no 'bespoke legislation'
The government is "minded to assist" any collective defined contribution (CDC) proposal that may arise from Royal Mail and the Communication Workers Union (CWU), Guy Opperman has said.
CDC easy to enable but needs clear governance from the get-go, MPs told
Collective defined contribution (CDC) schemes will need clear and transparent governance frameworks, as well as effective communication strategies, to be a success, the Work and Pensions Committee (WPC) has been told.
Shutting the stable door…
The industry has been calling for some sort of alternative to defined benefit (DB) schemes for as long as I can remember - saying such arrangements could provide a third way between DB and defined contribution (DC) schemes.
Royal Mail and CWU agree to introduce UK's first CDC scheme
Royal Mail and the Communication Workers Union (CWU) have agreed in principal to work towards introducing a collective defined contribution (CDC) scheme for all employees.
CWU: Royal Mail CDC possible without legislation
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.
Royal Mail 'on cusp of something special' with CDC plans
The Communication Workers Union (CWU) and Royal Mail Group are very close to securing an agreement on a collective defined contribution (CDC) plan for all members.
Five stories you may have missed this week
This week's top stories included 2020 Trustees being fined for failing to produce two chair's statements.
Five stories you may have missed this week
This week's top stories include the FCA deeming half of the DB transfers it looked into unsuitable, DWP firing Workie and Fidelity International saying it will adopt a new active fund fee model.
Letter: Royal Mail pension proposals provide 'good and fair' outcome for members
Douglas Hamilton, the head of pensions strategy at Royal Mail, says its proposals are fair and about affordability not cost-cutting.
Royal Mail workers back CWU's 'call to arms' over DB closure
Royal Mail workers have overwhelmingly voted for strike action in response to the company's planned closure of its defined benefit (DB) scheme.
Five stories you may have missed this week
This week's top stories included the revelation that the Communication Workers Union was planning to cut its pension provision, despite launching a ballot for industrial action against Royal Mail for similar plans.
CWU plans to close final salary schemes while balloting members on Royal Mail scheme closure
The Communication Workers Union (CWU) has proposed a major shake-up of its defined benefit (DB) provision, despite threatening industrial action at Royal Mail for planning similar changes, PP can reveal.
CWU to hold strike ballot over Royal Mail pension plans
The Communication Workers Union (CWU) will ballot its members on strike action over Royal Mail's plans to close its defined benefit (DB) scheme.
Ticking bomb for Royal Mail as CWU sets deadline before holding strike ballot
The Communication Workers Union (CWU) has told Royal Mail it must make significant progress in resolving its pensions dispute by 6 September to avoid industrial action.
Royal Mail workers given ultimatum on pension proposals
Royal Mail has finalised its proposal for its future pension provision ahead of closing its defined benefit (DB) scheme to existing members next year.
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