News
LifeSight confirms plans to launch Retirement CDC solution
The scheme will sit alongside existing retirement options and aims to help members turn their DC savings into a steady income during retirement.
Collective Defined Contribution
News
Sackers welcomes TPR’s consultation on extending the CDC code of practice
Helen Ball, partner at Sackers, said: “We welcome TPR’s approach to creating a single, comprehensive CDC code as this will make it easier to follow and apply in practice."
Pensions & Retirement
CDC pension schemes set to boost retirement incomes by up to 60%
The new rules are set to benefit millions of workers across the UK by pooling pension savings and providing regular payments for life.
News
Mansion House Accord sees pension providers commit to invest 10% in private markets by 2030
Based on current holdings, £252bn of pension assets are in scope, with the figure expected to rise over time.
News
Shift to defined contribution reshaping retirement planning – Pensions Policy Institute
PPI's new report highlighted the shift from DB to DC pension schemes over the past five decades which has transformed retirement planning.