All Collective defined contribution (CDC) articles
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VideosVideo: Sophia Singleton on pension reforms, adequacy, and inclusion
Having recently passed the halfway mark in her presidency of the Society of Pension Professionals, Sophia Singleton looks back on a busy initial period and ahead to the challenges and opportunities facing the pensions sector.
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OpinionDecumulation CDC is a natural fit for the UK’s maturing DC pensions
Simon Eagle, a member of the Institute and Faculty of Actuaries’ (IFoA) collective defined contribution working party, explains that traditional defined contribution retirement in the UK is on the verge of a major transformation.
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OpinionThe UK’s pension system needs reform – and purpose
Investing in the just transition through UK businesses can boost the economy, help the planet and improve pension outcomes, argues the Finance Innovation Lab’s Jesse Griffiths.
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OpinionRisk pooling and fairness in collective defined contribution pension schemes
For CDC to succeed, providers, employers and members need to understand and be comfortable with the pooling of risks, writes the Pensions Policy Institute’s Tim Pike.
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NewsTPT preparing to launch first multi-employer CDC scheme
The announcement follows confirmation that the government will publish legislation enabling collective defined contribution schemes later this year
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NewsDWP to introduce CDC legislation in autumn, pensions minister says
Torsten Bell says the government will legislate later this year to allow for multi-employer and decumulation-only CDC models.
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NewsMegafunds plans could thwart growth of collective DC, AMNT warns
Trustees have warned that the government’s drive to consolidate defined contribution pension schemes could lead to “herding” and a focus on reducing employer costs at the expense of member outcomes.
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NewsOutlook 2025: The pensions industry’s wishlist for the new year
Pensions Expert spoke to six major industry groups to find out what they want to see happen in 2025, from the Pensions Review and the Pension Schemes Bill to trustee powers and improvements to member outcomes.
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OpinionThe year ahead: What to expect, and what needs to happen
Gateley’s Michael Collins outlines 10 key developments to watch out for in 2025 across the pensions industry.
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NewsHigh interest in CDC pensions, survey reports
Four in 10 DC pension schemes say they are “very likely” to introduce a form of collective risk-sharing in the future once legislation allows.
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NewsSimplify CDC rules to ensure success, says pensions industry
Proposed regulations for CDC pension schemes need refinement to ensure they succeed for potential multi-employer arrangements, according to industry experts.
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NewsThe Pensions Regulator publishes rulebook for CDC schemes
TPR will send schemes annual evaluations setting out risks, actions and the regulator’s planned supervisory “intensity”.
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NewsCDC legislation planned for next year, says pensions minister
Pensions minister Emma Reynolds expects fresh legislation for collective defined contribution (CDC) schemes to be laid next year – but they are not expected to feature “directly” in the pensions bill.
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NewsFind an alternative to DC – or else
We need an alternative to DC for a dignified retirement, former general secretary of the Communication Workers Union warns. Could CDC be the sustainable alternative to DC that society needs?
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NewsPensions minister targets growth, better retirement outcomes
Pensions minister Emma Reynolds opens the PLSA Annual Conference with a promise to deliver on economic growth and improved member outcomes.
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NewsCan CDC help fix a ‘broken’ DC system?
As the government launches a consultation on collective defined contribution (CDC) structures, a new paper from Willis Towers Watson has proposed ways in which the new rules can help improve existing schemes.
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NewsChurch of England eyes CDC as consultation launches
The government has launched a consultation on regulations for multi-employer CDC schemes as it seeks to “modernise” the pension system.
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NewsRoyal Mail opens collective DC scheme
The UK’s first collective defined contribution pension scheme has opened to new members, with those involved heralding “a new pensions era”.
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OpinionPlanning a route to better DC outcomes
Why did the pension trustee cross the road? To catch a bus, but also to demonstrate attitudes to risk, as Maggie Rodger of the Association of Member Nominated Trustees explains.
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FeaturesCDC: Making progress towards a collective goal
This year may finally see the first collective defined contribution (CDC) pension go live in the UK, but doubts remain over how the structure could benefit the wider pension landscape.