UK's Pensions Regulator introduces new rules to monitor and protect CDC pension schemes.

The UK's Pensions Regulator (TPR) has released a new policy for regulating collective defined contribution (CDC) pension schemes. The policy allows the regulator to issue risk notices and, in serious cases, de-authorize schemes that do not comply with regulations. TPR aims to prevent breaches and protect savers through annual evaluations and collaborative supervision. CDC schemes must be authorized and will be monitored based on risk levels.

November 13, 2024
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