DWP gives green light to Royal Mail CDC scheme
Will extend to wider models
DWP will introduce CDC legislation when parliamentary time allows
Collective defined contribution (CDC) provision will be introduced slowly, starting specifically with a Royal Mail scheme and then be rolled out more widely, the government has confirmed.
In a consultation response, published today (18 March), the Department for Work and Pensions (DWP) said this is a "very complex area of legislation" and that "we need to be sure that we have the detail...
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![Charles Counsel: "Savers [could] rush into decisions about their pensions."](/api/v1/wps/b38b558/25d86cc7-92c7-4352-8653-282bb2137e98/6/counsell-charles-tpr-230x142.jpg "Charles Counsel: \"Savers [could] rush into decisions about their pensions.\"")
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