With a raft of changes mapped out for the industry, pensions minister Guy Opperman says reforms will place customers at their core.
The industry has spent years discussing alternatives to DB and DC. Jonathan Stapleton says this dream is now closer to becoming reality with the launch of a consultation into CDC.
The Department for Work and Pensions (DWP) has launched a consultation to "shape future legislation" for collective defined contribution (CDC) schemes.
The Royal Mail Pension Plan (RMPP), which manages £10bn of assets on behalf of more than 120,000 members across the UK, has appointed Richard Law-Deeks as chief executive.
Collective defined contribution should be brought back to the table, a panel at Pensions and Benefits UK argued. Victoria Ticha reports from the conference