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) …
Read More »
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 …
Read More »
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 …
Read More »
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) …
Read More »
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 »
Advisers for the Royal Mail Collective Pension Plan (RMCPP) have been announced, with WTW appointed as scheme actuary. Source link
Read More »
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 …
Read More »
CWU deputy general secretary postal Martin Walsh added: "This news is welcomed. The new Collective Pension Plan will allow all Royal Mail members to … Source link
Read More »
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 …
Read More »
The authorisation of the Royal Mail Collective Pension Plan (RMCPP) is the first in the UK, following TPR’s Pension Schemes Act 2021, which introduced an authorisation and supervision regime for CDC schemes. CDC schemes must meet stringent criteria including fitness and propriety requirements for those running the scheme, having the …
Read More »