Master Trusts

The number of pension schemes with more than 5,000 members has remained static for the past year, according to the latest figures released by The Pensions Regulator, suggesting consolidation across the DC...

Now Pensions has appointed Martyn James to be its director of investment.  James joins from Mercer, where he was partner in the UK DC business and for a period led Mercer’s Wealth...

Nest has appointed Northern Trust to be its new fund administrator, coordinating the pension scheme’s investments across its diversified portfolio. Northern Trust has won the contract from State Street Corporation, the US...

The UK’s spending watchdog has blasted delays and rising costs in the implementation of the pensions dashboard project, blaming a lack of skills and ineffective governance. Costs have jumped by £54m, despite...

As more companies begin to review their master trust provider, the secondary master trust market is coming more into focus.  However, unlike the familiar single-employer trust to master trust market transition (with...

The Department for Work and Pensions’ value for money (VFM) framework promotes increased disclosure by providers across a wide range of metrics in a bid to drive improvements in defined contribution (DC)...

As more companies begin to review their master trust provider, the secondary master trust market is coming more into focus.  However, unlike the familiar single-employer trust to master trust market transition (with...

Demanding to know from a provider the process for leaving just when you are joining  may sound contradictory, but a clear understanding of exit procedures is just one element of a standardised...

DC providers added £113bn in 2023, an increase of 25.5 per cent, with Aviva retaining its position as the biggest bundled DC provider, with assets of £110.6bn, up £15bn on the previous...

Electronics giant Siemens has moved its £1.6bn pension scheme to Standard Life, the largest own trust to master transfer transfer to date, based on value of assets.  As a result of this...