CDC schemes set to report on their 'ongoing viability'

The government and the FCA respond to the WPC’s 24 proposals for the industry

Hope William-Smith
clock • 3 min read
CDC schemes set to report on their 'ongoing viability'

Actuarial testing and modelling will be required for collective defined contribution (CDC) schemes to meet legislative reporting requirements about their ongoing viability, the government says.

The government's response to the fourth recommendation of the Work and Pension Committees' (WPC)  25 design reforms laid down in January - published yesterday (27 April) - addressed the question of...

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