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In a blog post published on Monday, Counsell said the consultation will reflect regulations for CDC schemes that will be published by the Department for Work and Pensions and laid before parliament also in January. He said: “CDC schemes have the potential to change the pensions landscape by offering savers and …

In a blog post published on Monday, Counsell said the consultation will reflect regulations for CDC schemes that will be published by the Department for Work and Pensions and laid before parliament also in January. He said: “CDC schemes have the potential to change the pensions landscape by offering savers and …

In the document published on Tuesday, the MPs made a number of recommendations in other areas, such as increasing uptake of Pension Wise guidance by trialling automatic appointments, establishing equivalent investment pathways for trust-based schemes, and prohibiting transactions being made on pensions dashboards until they are well-established and trusted. The …

In his foreword, Opperman wrote that the new regulations “will be a huge step forward in providing a major enhancement to the existing occupational pensions landscape, and a third way forward between traditional defined benefit and post 2012 defined contribution schemes”.  He continued: “By allowing pension scheme members to share …

ACA’s 2021 pension trends survey, which received 212 responses from employers covering 400 schemes, found 21 per cent expressed interest in exploring CDC for their own companies, while more than half (54 per cent) backed extending CDC beyond the Royal Mail scheme, which is expected to launch next year. Support …

By Tom Higgins | November 18, 2021 On the go: The Royal Mail’s new collective defined contribution plan will have a fixed employer contribution of 13.6 per cent, as well as a standard employee contribution of 6 per cent, the group confirmed on Thursday. As outlined in the postal company’s …

Speaking at a Work and Pensions Committee hearing on Monday, Opperman also said that his ambition was to allow transactions on the pensions dashboards in the long term, along with costs and charges, while the state pension will be shown from launch.  Further dashboards regulations can be expected “early in …

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 …

Ahead of Leicester City’s trip to Anfield later this evening (7:15pm kick-off), Foxes fans can pick up 20 per cent off the marked retail price of all 2020/21 white away kids shirts and mini kits. – Limited-time offer starts today (Sunday 22 November) on LCFC.com/shop– Sale includes 2020/21 adidas white …

A Britain based postal service, Royal Mail has warned its customers against receiving a scam message about receiving a free iPhone 11 Pro. Recently, many people shared screenshots of the text messages they received from a sender called ‘Royal Mail’, one of which was replied by the help desk of …