2018 saw a raft of consultations rushed through as Guy Opperman, Minister for Pensions and Financial Inclusion, promised to deliver a Pensions Bill in 2019. The bill aims to bring an end to the tinkering with pensions for some time. However, initially expected in May, the bill has been repeatedly …
Read More »CDC ‘the most intergenerationally fair’ scheme type – Royal Mail
Collective defined contribution (CDC) pension schemes are “the most intergenerationally fair” type of pension if buffers are not used, Royal Mail has said. Speaking at the Westminster Business Forum, Royal Mail chief risk and governance officer, Jon Millidge, stated that he felt the firm’s CDC plan had been miscommunicated to …
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