TPR authorises Royal Mail as UK's first CDC scheme
The Pensions Regulator (TPR) has authorised the UK’s first collective defined contribution (CDC) scheme.
Source: professionalpensions.com
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CDC schemes set to report on their 'ongoing viability'
Actuarial testing and modelling will be required for collective defined contribution (CDC) schemes to meet legislative reporting requirements about their ongoing viability, the government says.
Source: professionalpensions.com