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 …
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The government has given the green light on regulations for multi-employer collective defined contribution (CDC) pension schemes, estimating that millions of people across the UK could see their pensions increase by up to 60 per cent under the new savings vehicle. The regulations, which are set to be laid in …
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