PPI response to the Department of Work and Pension's 'Delivering Collective Defined Contribution Pension Schemes' consultation

Document type
Consultation
Corporate author(s)
Pensions Policy Institute
Publisher
Pensions Policy Institute
Date of publication
5 December 2018
Subject(s)
Social Policy, Employment, Older Adults, Poverty Alleviation Welfare Benefits and Financial Inclusion
Collection
Social welfare
Material type
Reports

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PPI submitted a response to the Department of Work and Pension’s (DWP) 'Delivering Collective Defined Contribution Pension Schemes' consultation in December 2018.

It explains that, if designed effectively, Collective Defined Contribution (CDC) schemes could provide members with greater certainty and potentially higher retirement incomes compared to individual Defined Contribution (DC), while providing employers with greater certainty about costs and liabilities than Defined Benefit (DB).

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