Master Trusts

Aegon is up for sale by the middle of 2026, with Phoenix, Scottish Widows, Royal London and private equity groups all considering the acquisition, according to media reports. Aegon has confirmed that...

People’s Partnership has appointed the former head of workplace pensions for Lloyds Banking Group, Jackie Leiper, as a non-executive director.  Leiper has considerable experience in the workplace pensions and wider financial services...

Aegon UK is including a more significant allocation to private markets within its second largest workplace default, the Aegon LifePath strategy.  This default strategy is used by more than 375,000 pension savers...

The Financial Conduct Authority (FCA) is reviewing the rules around contract-based pensions to allow performance fees to be included outside of the 0.75 per cent charge cap. Some media outlets have reported...

The People’s Pension has published its first responsible investment (RI) report, less than a year after ditching State Street Global Advisors (SSGA) as its main asset manager, and hiring Amundi and Invesco...

WTW has confirmed it will acquire Cushon from NatWest Group for an undisclosed sum.  Cushon will run as a separate master trust from WTW’s LifeSight master trust, with the former focused on...

Smart Pension has completed the £650m transfer of assets from Options Workplace Pension Trust, bringing its total AUM to just over £9.3bn. This is one of the largest master trust to master...

Targeted communication can lead to a significant increase in members engaging with guidance tools and a “meaningful” 50 per cent reduction in retirement shortfalls, according to L&G.  These were among the headline...

Professional trustees are concerned that their role will be undermined by Government pension reforms, with specific concerns about reserve powers to direct DC investment decisions.  In a panel debate at Corporate Adviser’s...

WTW is poised to buy the workplace pension provider Cushon, according to latest reports. Sky News is reporting that WTW is the front-runner to buy the master trust provider from NatWest after...