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Collective DC plans a new part of U.K. retirement matrix

Collective DC plans a new part of U.K. retirement matrix New approach shares investment, longevity risks to boost benefits Simon Eagle said utility and industrial companies are especially interested in the new law. Collective defined contribution plans could soon see a widespread rollout in the U.K. as employers move away from defined benefit plans but still seek secure retirement outcomes for employees, consultants said. Following the final enactment of the Pension Schemes Act 2021 on Feb. 11,...
City Of United Kingdom David Pitt Watson Robin Ellison Steven Taylor Pinsent Masons

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