U.K. DB plans defined benefit – Benefits Canada.com https://uat-cumulus.benefitscanada.com Canada's most influential pension and benefits publication for decision-makers Thu, 16 Jan 2025 20:41:36 +0000 en-US hourly 1 https://wordpress.org/?v=4.9.8 The Royal Mail Group’s road to offering U.K. employees a collective DC plan https://uat-cumulus.benefitscanada.com/news/bencan/the-royal-mail-groups-road-to-offering-u-k-employees-a-collective-dc-plan/ Fri, 19 Mar 2021 04:51:09 +0000 https://www.benefitscanada.com/?p=96493 The Royal Mail Group Ltd. will soon make history in the United Kingdom by becoming the first employer to sponsor an entirely new type of pension plan, called a collective defined contribution scheme. Under the U.K.’s Pension Schemes Act 2021, which received royal assent in February, collective DC pensions will essentially be a hybrid of […]

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