[ad_1] 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, … [ad_2] Source link
[ad_1] Speaking yesterday (28 March) at a Royal Society of Arts (RSA) CDC forum, pensions and financial inclusion minister Guy Opperman said he was keen to “capitalise on the enthusiasm” around CDC. Regulations which came into play under the Pension Schemes Act 2021 provide for single and connected employer schemes, which trustees can apply for…
[ad_1] 1) Plan to scrap Bauer judgment raises ‘serious issues’ The Department for Work and Pensions’ plans to scrap the Bauer judgment raises “serious issues of pension protection”, according to Lane Clark & Peacock. 2) Women need £185,000 more for same retirement as men Women need to save £185,000 more than men to reach the…