Pensions - Articles - TUC welcomes government backing for collective DC


 The TUC has welcomed Steve Webb’s support for collective DC schemes.

 TUC General Secretary Frances O’Grady said:

 “We welcome Steve Webb’s support for collective defined contribution pensions. Of course it is important to get the details right, but sharing risk among members can increase returns and smooth outcomes.

 “But such schemes can only be run by trust based organisations who only work for their members and face no conflict of interest with shareholders. The minister should stand up to the vested interests who will attack this approach and work with the many who want to work through the detail.”

Back to Index


Similar News to this Story

4 ways completing a tax return can help boost your pension
Missing the Self-Assessment deadline not only risks a penalty for late filing but could cost individuals hundreds, if not thousands of pounds in uncla
DWP holds AE thresholds with GBP90bn of pensions expected
The DWP has issued its review of the Automatic Enrolment Earnings Trigger and Qualifying Earnings Band for 2025/26, retaining all three thresholds at
Response to Triple Lock means testing comments
Aegon has called for ‘a future focused debate on a sustainable state pension’ following comments on the Triple Lock by Conservative leader Kemi Badeno

Site Search

Exact   Any  

Latest Actuarial Jobs

Actuarial Login

Email
Password
 Jobseeker    Client
Reminder Logon

APA Sponsors

Actuarial Jobs & News Feeds

Jobs RSS News RSS

WikiActuary

Be the first to contribute to our definitive actuarial reference forum. Built by actuaries for actuaries.