A Bill to enable the establishment of collective defined contribution pension schemes; and for connected purposes.
House of Commons
5 February 2019
May contain errors — check source documents for definitive information.
The bill would allow the creation of collective defined contribution (CDC) pension schemes, where members’ pot is funded collectively and risks are shared rather than each person having a separate account. It sets out how such schemes would be set up, governed, and overseen by regulators, and aims to balance potential benefits with protections for members and employers. It is currently at the Commons stage (2nd reading) as part of the welfare policy agenda, with ongoing scrutiny through Lords amendments and government responses.
The bill is at the 2nd reading in the Commons. It originated there in 2018 and has since moved through earlier stages; it is subject to Lords amendments and government motions as part of the ongoing legislative process.
In the Commons, Labour and other opposition groups broadly backed the bill, while the Conservative party largely opposed. A notable amendment from December 2025 (Amendment 15) was defeated 303 against to 154 in favour, and recent votes over Lords amendments showed government‑backed motions to disagree with Lords amendments by comfortable margins (Ayes typically around 270–335 vs Nos around 150–164).
Generated 21 February 2026
17 Oct 2018
Based on 20 recorded votes • Sorted by % Aye
