Ascot Lloyd to exit master trust sector
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...
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...
All-out growth or volatility control? When it comes to savers with decades to retirement it is surely one of the greatest questions those charged with managing defaults face. Of the more than 30 default funds reflected in...
A Government-led climate change report, urging the UK to target ‘net zero’ carbon emissions by 2050, is asking investors to challenge their pension fund providers to ensure they support low carbon industries....
Auto-enrolment has certainly been successful in boosting contribution levels. Opt-out rates remain low, despite stepped contribution increases, and there are now more than 10m people enrolled in workplace pensions, many of whom...
Environmental, social or governance (ESG) factors have shot up the agenda in the DC pensions sector, driven by regulatory action, political momentum and asset manager product development. But confusion remains over what...