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 »Govt to present regs on CDC to parliament ‘as soon as able to’
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 …
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