Nest stubs out tobacco investments
Nest, the UK’s largest master trust pension, has confirmed it will disinvest from all tobacco stocks over the next two years. It currently has a £40m exposure to this industry through its...
Nest, the UK’s largest master trust pension, has confirmed it will disinvest from all tobacco stocks over the next two years. It currently has a £40m exposure to this industry through its...
An as yet unnamed new-to-market master trust has applied for authorisation, bringing the total of pending applications up to 33, the Pensions Regulator (TPR) has confirmed. The announcement has fuelled rumours that...
The Pensions Regulator has proved itself to be a flexible regulator, at least when it comes to the onerous area of master trust authorisation. Master trusts had been given until 31 March 2019...
While there is no doubt that the pensions dashboards project has much to offer in terms of consumer benefit, the rate of progress has been painful. Positive though the recent DWP update...
Ascot Lloyd is the latest master trust provider to confirm that it is exiting the sector. The provider confirmed that it will be winding down the scheme. It said trustees are at...
The master trust sector is set for a seismic shift, with consolidation predicted to surge once the dust settles on the post- authorisation landscape as employers find new homes for their workplace...
Smart Pension is set to receive a transfer of more than 20,000 members of the Corpad Master Trust following a strategic review by the trustees. The Leeds-based master trust will recommend transfer...
Millions of novice DC investors face a myriad of risks as they save for their retirement. Investment strategy, longevity, interest rates, currency, adequacy and the potential of drifting into inefficient or unsuitable...
The Pensions Regulator has confirmed it has received 38 authorisation applications from master trust providers. This latest update comes as the extension period for applications closes. This extension was granted to 10 schemes....
Prudential is in the process of winding up its DC master trusts, with its members being transferred to its contract-based arrangement, citing commercial reasons for doing so. The schemes commenced wind-up in...