CDC

Enhanced criminal and civil sanctions for defined benefit (DB) scheme negligence have become law after the Pension Schemes Act 2021 gained its place on the statute book.

The long-debated Pension Schemes Bill has received parliamentary approval, guaranteeing its place on the statute book.

What were some of the most read opinion pieces on Professional Pensions over the last 12 months? We look at some of the top articles from our commentators during the year.

The pensions industry is being given a fresh chance to feed into the Pension Schemes Bill as the Public Bill Committee launches a call for written evidence.

This week’s top stories included the passing of the Pension Schemes Bill in the House of Commons at the second reading. Also, Willis Towers Watson claimed that collective defined contribution pensions could average significantly higher than either defined...

UK collective defined contribution (CDC) schemes would have weathered 2020 market volatility and would not have needed to cut member benefits, Aon says.

Typical collective defined contribution (CDC) pensions would be expected to average 70% higher than either individual DC insured annuities, or 40% higher than pensions provided on average in defined benefit (DB) schemes, analysis from Willis Towers Watson...

The Treasury has published draft tax legislation to enable collective defined contribution (CDC) schemes from next year.

The Pension Schemes Bill will now move for consideration in the House of Commons after it was passed in the House of Lords yesterday (15 July) following a third reading.