11 Jul 2023

On 11July 2023 the Department for Work and Pensions (DWP) published the Government's response to the consultation on Extending Opportunities for Collective Defined Contribution (CDC) Pension Schemes.

The response sets out the Government's proposed way forward; this will be realised through secondary legislation which will be published in draft form later in 2023.

Background

The consultation, which was published in January 2023, sought views on policy proposals for:

  • broadening CDC provision beyond single or connected employer schemes to accommodate multi-employer schemes
  • the role of CDC in decumulation

AREF responded to the consultation  with the assistance of AREF's Public Policy Committee. The response can be found here.

Tags

News Article DC Pensions Policy and Consultations

Author

Jacqui Bungay

Jacqui Bungay

Head of Policy and Company Secretary, AREF

Jacqui is AREF’s Company Secretary and provides policy guidance and secretariat services to AREF’s Board and Management Committee as well as many of AREF's committees and working groups.

Jacqui joined AREF in 2014 after working for over 25 years in fund compliance, client relationships and administration in the trustee and depositary sector.

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