Pensions Minister, Torsten Bell, has confirmed that legislation to enable retirement collective defined contribution (CDC) schemes will be brought forward later this year, as part of the government’s wider pensions reform agenda. Speaking about the next phase of CDC development, Bell said the government intended to introduce decumulation CDC provision …
Read More »Industry calls for mandatory ethnicity pay gap reporting to drive pension equity
The Society of Pension Professionals (SPP) and the Race Equality Foundation have called for mandatory ethnicity pay gap (EPG) reporting for a broader range of employers, warning that current voluntary measures have reached their limits. In a new paper published this month, Diversity, Equity & Inclusion: Ethnicity, the organisations argue …
Read More »