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Evening Standard
Evening Standard
Vicky Shaw

Government green-lights ‘collective’ pension schemes

CDC Pensions UK
Innovation in collective defined contribution schemes ‘carries huge promise for savers,’ Pensions UK said (Gareth Fuller/PA) - (PA Archive)

Some pension savers could see their retirement funds boosted as part of Government reforms enabling more people to save in big, collective pots.

Regulations for collective defined contribution (CDC) schemes are set to be laid, to allow their expansion to more employers.

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