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 • 5 min read
DWP's CDC consultation a 'significant milestone' for UK pension schemes

The Department for Work and Pensions’ (DWP) consultation on extending collective defined contribution (CDC) marks a “significant milestone” for UK schemes, industry experts have said.

Responding to the DWP's consultation on extending CDC – which closed yesterday(19 November) – the Institute and Faculty of Actuaries (IFoA) said the consultation "represents a significant milestone...

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

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
Hike in energy prices pushes inflation above BoE target at 2.3% in October

Hike in energy prices pushes inflation above BoE target at 2.3% in October

Slim chances of rate cut before year-end

Cristian Angeloni
clock 20 November 2024 • 2 min read
Nest Insight: 'Volatility premium' impacting millions of households

Nest Insight: 'Volatility premium' impacting millions of households

Income fluctuation leaves many families unable to effectively build savings

Jonathan Stapleton
clock 19 November 2024 • 3 min read
Trustpilot