Collective defined contribution pensions Contents

Contents

Terms of reference

Summary

1 Introduction

The UK private pensions system

Defined benefit pensions

Defined contribution pensions

Collective defined contribution pensions

International context

2 Arguments for and against CDC

Potential benefits

Benefits for members

Benefits for employers

Benefits for the wider economy

Coherence with the UK pension system

Is it compatible with pension freedoms?

Is CDC too confusing?

Why now?

Is CDC counter-cultural?

Is there demand for CDC?

Conclusion

3 Royal Mail agreement

4 Legislative change

Current legislation

Pension Schemes Act

Pensions Act

Consultation

Priorities for the legislative framework

Benefit policy

Transfers

Communication

Governance and regulation

Industry and self-employment CDCs

Conclusions and recommendations

Formal minutes

Witnesses

Published written evidence

List of Reports from the Committee during the current Parliament




Published: 16 July 2018