Tag Archives: defined benefit

The Royal Mail Collective Pension Plan, which is the first known example of these new type of pension funds coming to fruition following the provisions passed in the Pension Schemes Act 2021, will consist of the a CDC section and a cash lump sum section. A Department for Work and Pensions …

The government has introduced a bill to allow for CDC schemes to be introduced, with Royal Mail set to launch the first scheme of this type. Source link

"We have a copious section on CDC running 45-50 clauses setting out in great detail not only how the likes of Royal Mail and the Communication … Source link