The Occupational Pension Schemes (Collective Money Purchase Schemes) Regulations 2021
Consultation on Draft Regulations to support Part 1 of the Pension Schemes Act 2021 and associated consequential changes.
This consultation seeks your views on draft regulations that set out what Collective Defined Contribution (CDC) schemes must do to become authorised, to operate effectively in the market under regulatory oversight, and what happens if changes need to be made to their schemes.
The authorisation regime is designed to protect members and to build confidence in this new form of money purchase occupational pension provision by ensuring only soundly designed and well run schemes are able to operate.
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.