CDC

Absence of consistent definitions as well as legislation and regulation are barriers

Martin Richmond looks at how the industry could respond to default decumulation duties

Hymans Robertson says up to 50% higher pension income could be provided

Consultancy says multi-employer CDC schemes could come to market from 2026

DWP appointments, Brookfield enters bulk annuity market, TPR evolves master trust supervision

Plan became the first CDC scheme in the UK in 2023 after approval from TPR

Association says building pensions adequacy for workers is ‘defining challenge of our time’

‘Intergenerational fairness’, scaling up and regulatory certainty key concerns in paper

Report finds 83% of savers would like to see savings pay an income from State Pension age

‘Watch this space’ on lifetime provider model but ensure data is ready for dashboards