Closed consultation

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

• From: Department for Work and Pensions
• Published: 8 October 2024

Applies to England, Scotland and Wales

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Summary

Public consultation on draft legislation to extend Collective Defined Contribution (CDC) provision to whole-life unconnected multiple employer schemes and other related provisions.

This consultation ran from
9:30am on 8 October 2024 to 11:59pm on 19 November 2024

Consultation description

This consultation seeks your views on draft legislation needed to extend this new type of pension provision beyond single or connected Collective Defined Contribution (CDC) schemes.

It removes the exclusion of unconnected multiple employer CDC schemes from operating under the existing CDC provisions and sets out what CDC schemes that are whole-life unconnected multiple employer schemes must do to become authorised and to operate effectively under regulatory oversight.

We ask specific questions about some elements of the draft regulations and would also welcome broader views on whether the regulations effectively deliver our intended outcomes.

Documents

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

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PDF, 551 KB, 57 pages

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PDF, 2.12 MB, 84 pages

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PDF, 425 KB, 82 pages

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PDF, 447 KB, 93 pages

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PDF, 197 KB, 22 pages

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PDF, 156 KB, 16 pages

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PDF, 185 KB, 26 pages

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PDF, 163 KB, 3 pages

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PDF, 111 KB, 4 pages

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Published 8 October 2024