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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Life and pensions firm Royal London is to share out £199 million with around 2.4 million customers after annual earnings jumped by nearly a fifth. The mutual – the founding partner of the first British & Irish Lions Women’s Team – will make the payouts into its customers’ pensions and …
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