The UK Government has unveiled ambitious plans to modernise the pensions market by expanding access to Collective Defined Contribution (CDC) pension schemes. This move aims to deliver better outcomes for millions of workers whilst supporting economic growth. Emma Reynolds, minister for pensions said: “We are seizing this exciting opportunity to modernise our pensions market to deliver better outcomes for millions of workers.” The Government has launched a six-week consultation on extending CDC provision, which could offer more predictable income and greater financial security for future pensio…