12-05-2025
Employers keen on ‘Dutch-style' pension schemes
More than 200 employers have expressed interest in taking part in a pioneering type of retirement scheme that proponents say could generate worker pensions 20 per cent to 50 per cent larger for the same outlay and risk.
The pensions administrator TPT, which announced on May 8 that it was pressing ahead with the country's first multi-employer collective defined contribution (CDC) scheme, said it was confident it can reach the critical mass needed to be viable.
Andy O'Regan, its chief client strategy officer, said 'we've had conversations with more than 200 employers who are interested in pursuing this'. Together their workforces would greatly exceed the 3,000-6,000 minimum membership needed to launch, he added.
CDCs, sometimes known as Dutch-style pensions, are seen as a halfway house
