The Royal Mail Collective Pension Plan (RMCPP) has appointed WTW as scheme actuary and BlackRock as its investment manager. The appointments were confirmed following the launch of the scheme yesterday (7 October). Barnett Waddingham advised the CDC scheme during the outsourced chief investment officer (OCIO) process, with Barnett Waddingham partner …
Read More »Five stories you may have missed this week
Labour Party’s choice of LTA as election battleground branded ‘short-sighted’ The Labour Party’s denouncement of the government’s plan to scrap the lifetime pension allowance as a “£1bn bung to the richest 1%” is short-sighted, Barnett Waddingham says. TPR authorises Royal Mail as UK’s first CDC scheme The Pensions Regulator has …
Read More »CDC could be 'transformative' but 'many complexities' exist – Professional Pensions
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
Read More »New SPP president targets DC outcomes – Law & Regulation
Barnett Waddingham partner Hitchiner will replace Isio partner James Riley as SPP president on June 1. In an exclusive interview with Pensions Expert, Hitchiner set out his ambitions for his presidency, while Riley reflected on the organisation’s rising member engagement, and pondered missed potential for co-operation between the SPP, industry …
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