CDC schemes 'must be explicit about potential risks', PPI says

A warning from the Pensions Policy Institute and a view from Royal Mail

Hope William-Smith
clock • 3 min read
CDC schemes 'must be explicit about potential risks', PPI says

Collective defined contribution (CDC) schemes must clearly communicate to members how the model may put their income and benefits at risk of reduction, the Pensions Policy Institute (PPI) says.

In a briefing note published yesterday (14 June) the institute compared CDC models in the Netherlands, Denmark and Canada with plans for the introduction of CDC in the UK from this August, includin...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

More on Industry

Smart Pension launches simulator to assist members with 'pension puzzle'

Smart Pension launches simulator to assist members with 'pension puzzle'

Integrated retirement savings calculator expected to be ‘hugely positive’ for firm’s members

Holly Roach
clock 20 November 2024 • 1 min read
DWP's CDC consultation a 'significant milestone' for UK pension schemes

DWP's CDC consultation a 'significant milestone' for UK pension schemes

The industry has responded to the DWP’s consultation on CDC extension

Holly Roach
clock 20 November 2024 • 5 min read
Fidelity to integrate private assets into default investment strategy via LTAF

Fidelity to integrate private assets into default investment strategy via LTAF

Firm’s Diversified Private Assets LTAF received regulatory approval in August

Holly Roach
clock 20 November 2024 • 2 min read
Trustpilot