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TPT Retirement Solutions has submitted its application to The Pensions Regulator for authorisation to launch a multi-employer collective defined contribution scheme. According to Professional Pensions reporting, the provider's TPT Collective Pension Scheme is intended to operate as an open-market collective pension arrangement available to employers of various sizes across different sectors.
TPT Retirement Solutions has become the first provider to submit a multi-employer collective defined contribution scheme application to The Pensions Regulator, marking a step forward for open-market CDC availability in the UK.
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