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Member

Speaking in the House of Lords on 8 December 2025

Debate

Occupational Pension Schemes (Collective Money Purchase Schemes) (Extension to Unconnected Multiple Employer Schemes and Miscellaneous Provisions) Regulations 2025

Contribution

The noble Viscount, Lord Younger, asked about lessons from the Royal Mail CDC scheme to inform this. He will be aware that it has not been going for very long and that this is a different type of product. Having said that, although it is very early days for the Royal Mail scheme, following consultation and engagement with the pensions industry, many of the core principles of the CDC framework that apply to Royal Mail have been retained and expanded on for the unconnected multiple employer CDC schemes.

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