17 Oct 2014
|
Announcement
Department for Work and Pensions
linked
Collective Defined Contribution Pensions
The Department for Work and Pensions is establishing a regulatory framework for Collective Defined Contribution (CDC) pension schemes, which pool investment and longevity risks across members while providing defined benefits. The Collective Defined Contribution Pension Schemes Bill and supporting regulations (including the 2025 Extension to Unconnected Multiple Employer Schemes Regulations) are being implemented to authorise and supervise these schemes. The Pensions Regulator has issued codes of practice on authorisation and supervision, with the policy currently in active implementation phase.
3 Sep 2014
|
Announcement
Department for Work and Pensions
linked