Tag: CDC

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DWP consultation on draft legislation to extend CDC provision to whole-life unconnected multiple employer schemes and other related provisions

Background The DWP has issued a consultation on draft legislation to extend CDC provision to whole-life unconnected multiple employer schemes and other related provisions. In this response General comments Responses to specific questions...

CDC schemes – the future of pensions?

Building on “significant appetite from industry”, the DWP has published a consultation on extending the CDC framework to enable whole-life unconnected multiple employer CDC schemes, including master trusts. This Hot Topic sets...

DWP consultation on Extending Opportunities for Collective Defined Contribution Pension Schemes

Background The DWP has issued a consultation on Extending Opportunities for Collective Defined Contribution Pension Schemes. In this response Responses to specific consultation questions and related comments Responses to specific...

The DC deluge

Introduction With all eyes on the possible publication of the single code, on 30 January 2023 the DWP published a package of documents including one consultation response (on broadening investment opportunities), statutory guidance (on...

The Occupational Pension Schemes (Collective Money Purchase Schemes) Regulations 2021

Background The DWP is consulting on draft regulations and associated consequential changes that will implement the new authorisation and supervision regime for Collective Money Purchase schemes (“CMP”), commonly referred to as...

DWP Collective Money Purchase Schemes consultation

Introduction On 19 July 2021, the DWP published a consultation seeking views on the draft Occupational Pension Schemes (Collective Money Purchase Schemes) Regulations 2021 (“the Regulations”) and associated consequential changes that...

Collective DC Schemes get the go-ahead

Introduction The DWP published its response to consultation on “Delivering collective defined contribution schemes” on 18 March 2019. This gives the green light for a particular model of trust-based, collective defined contribution...

Consultation: delivering CDC schemes

Introduction On 6 November 2018, the DWP published its consultation on “Delivering collective defined contribution pension schemes”. Click here for a PDF of this Alert. In this Alert Key points History of CDC What is a CDC scheme? New...