TPT Retirement Solutions has held roundtable discussions with interested businesses on launching multi-employer collective defined contribution (CDC) schemes.
TPT said 18 employers in the housing sector attended events it held in July.
The roundtable talks, which were joined by David Pitt-Watson, co-chair of the CDC Forum at the Royal Society for Arts, looked at the options and challenges for employers and members looking to set up multi-employer CDC scheme.
TPT said it was planning to hold additional events on multi-employer CDC schemes later this year, following Government feedback to its consultation on Extending opportunities for collective defined contribution pension schemes.
Andy O'Regan, employer and strategic partnerships director at TPT Retirement Solutions, said: “At these events, we are speaking to employers about their willingness to join a multi-employer CDC, gauging appetite and listening to feedback. We would encourage interested employers in any sector to get in touch with us about future events. We believe CDC schemes have the potential to significantly improve the retirements of millions of people and we will be monitoring whether there is sufficient demand. Employers, scheme members, and the wider economy could all benefit from their introduction, and we hope to see their increasing adoption in the coming years.”
