Committee Chair Rt Hon Frank Field MP comments on today’s expected Ministerial statement relating to the Government’s plans for new collective defined contribution pensions schemes.
Comment from Work and Pensions Committee Chair Frank Field MP
“This is more good news with the Government following the Select Committee’s recommendation to make CDC pensions a reality, bringing a revolutionary change to the pensions landscape. It has leapt swiftly into action and it must keep up this pace to ensure that this transformative product doesn’t linger for years on the horizon waiting for legislation.”
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