The authorisation of the UK’s first collective defined contribution (CDC) has been highlighted as a “landmark moment” for UK pensions, with industry experts suggesting that this could be “just the beginning”. The Pensions Regulator (TPR) confirmed yesterday (13 April) that the Royal Mail Collective Pension Plan (RMCPP) successfully passed TPR’s …
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The schemes allow savers to pool money into a single fund which pays an annual income. The first company expected to open a CDC scheme is Royal Mail, … Source link
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Policy watch… The Department for Work and Pensions (DWP) confirmed enhanced powers for trustees to block or pause transfers where there is potential scam activity on 8 November. The government’s “red” and “amber” flag proposals came into force yesterday (30 November). The government also closed the window of time during …
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The poll of 400 participants, conducted online in June, found the majority wanted the scheme type to be expanded to a multi-employer model, perhaps being run by master trusts. While CDC legislation has been introduced, it is currently only enabling the risk-sharing pension provision for single employers, such as Royal …
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To view all the photos of the night, click on the image above The awards were presented on 5 September 2019 at a glittering gala dinner at London’s Marriott Hotel on Grosvenor Square hosted by comedian and radio presenter Greg Burns. The awards – which are now in their 7th …
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Wesbroom joins Capital Cranfield after 44 years at Aon Capital Cranfield has appointed former Aon senior partner Kevin Wesbroom as a professional trustee. Wesbroom – who retired from Aon last month following 44 years at the firm – has worked in a variety of roles during his career and was …
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