The government has given the green light on regulations for multi-employer collective defined contribution (CDC) pension schemes, estimating that millions of people across the UK could see their pensions increase by up to 60 per cent under the new savings vehicle. The regulations, which are set to be laid in …
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Work to launch the UK’s first commercially available multi-employer collective defined contribution (CDC) pension scheme has continued, with Squire Patton Boggs now providing advice to TPT Retirement Solutions on its plans for this. Following the launch of the landmark Royal Mail scheme last year, which Squire Patton Boggs also advised …
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You are currently accessing Professional Pensions via your Enterprise account. If you already have an account please use the link below to sign in. If you have any problems with your access or would like to request an individual access account please contact our customer service team. Phone: +44 (0) …
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You are currently accessing Professional Pensions via your Enterprise account. If you already have an account please use the link below to sign in. If you have any problems with your access or would like to request an individual access account please contact our customer service team. Phone: +44 (0) …
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The Royal Mail Collective Pension Plan, which officially launched on 7 October, will be delivered using the EQ Retirement Solutions’ (EQRS) Compendia platform, it has confirmed. Initially announced in 2018, the Royal Mail Collective Plan became the UK’s first CDC scheme in 2023 after passing The Pensions Regulator’s (TPR) assessment …
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Pensions Minister, Emma Reynolds, has said the government intends to present regulations to extend collective defined contribution (CDC) provision beyond single or connected schemes to parliament “as soon as [they] are able to”. Earlier this month, a consultation was launched by the Department for Work and Pensions on legislation to …
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You are currently accessing Professional Pensions via your Enterprise account. If you already have an account please use the link below to sign in. If you have any problems with your access or would like to request an individual access account please contact our customer service team. Phone: +44 (0) …
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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 …
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Advisers for the Royal Mail Collective Pension Plan (RMCPP) have been announced, with WTW appointed as scheme actuary. Source link
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The first single-employer collective defined contribution (CDC) pension scheme is authorised and ready to launch in 2024 for the Royal Mail. Next steps are likely to include expansion into the multi-employer market as a competitor to individual defined contribution schemes; to provide a pension scheme that delivers an income in …
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