CDC regulations published but 'job half done' says minister

Industry called on to provide feedback on what schemes must do to become authorised

Hope William-Smith
clock • 3 min read

The government has released draft regulations for the running of collective defined contribution (CDC) schemes and is calling for feedback and suggestions on its plans.

In a consultation published today (19 July) the government outlined its proposed regulations for CDC and the areas in which it is seeking industry feedback or assistance. These are: scope and application, application process, authorisation criteria, valuation and benefit adjustment, supervision framework, publication and disclosure of information, and member protection and transfers. The government said it was also seeking views on "associated consequential changes" that will implement the new authorisation and supervision regime for CDC under the Pension Schemes Act 2021. It comes...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Pensions

Petition pushing government to protect pension tax incentives gets 3,000 signatures

Petition pushing government to protect pension tax incentives gets 3,000 signatures

AJ Bell pushes to end ‘damaging speculation’ on tax-free cash and reliefs

Jenna Brown
clock 07 October 2025 • 2 min read
Standard Life launches 'affordable' pensions-focused advice arm

Standard Life launches 'affordable' pensions-focused advice arm

For existing Standard Life customers approaching retirement

Jenna Brown
clock 06 October 2025 • 2 min read
Clients need 'tailored approach' ahead of IHT on pensions

Clients need 'tailored approach' ahead of IHT on pensions

IHT ‘coming up more and more’ in conversations with clients

Sahar Nazir
clock 03 October 2025 • 2 min read