Labour backs collective DC to give certainty and control to savers

James Phillips
clock • 1 min read

Labour will call for collective defined contribution (DC) schemes in order to protect savers against longevity risk and costs, the party has announced.

Shadow pensions minister Alex Cunningham MP said the UK needed a system "along the lines of the Dutch pension system", New Model Adviser has reported. The Stockton North MP, who took on the shad...

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James Phillips
Author spotlight

James Phillips

Professional Pensions journalist from 2016-2022

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