Article preview: Plans to introduce the first Collective Defined Contribution (CDC) pension scheme in the UK have been backed by the government. CDC pensions came to light in the Pension Schemes Act 2015, which made provision for alternative designs to the traditional defined benefit or defined contribution pension schemes. They work by sharing risk between the scheme sponsor and its members and have already been used in Canada and Holland.
Collective Defined Contribution pensions are coming
£27.00
This 457 word blog post describes the introduction of the UK’s first Collective Defined Contribution pension scheme. Includes comments from Work and Pensions Secretary Amber Rudd and Jon Millidge, Chief Risk and Governance Officer, Royal Mail. Written on 19th March 2019.
Your purchase gives you rights to publish this blog post on your IFA, financial planner or wealth manager website blog, news or insights page, along with access to the text of the blog post to copy and paste into your blog. You can publish this blog as written or edit it before publishing, and you can post it under your name.