The Government is introducing legislation in the Pension Schemes Bill to protect people saving for retirement through master trusts. This follows industry concerns on the risks to members of a master trust...
Master trusts that are backed by providers regulated by the FCA and Prudential Regulatory Authority should be exempt from governance requirements stipulated in the forthcoming Pension Bill says Aegon. As currently drafted,...
Master trusts feeling the force of tough new regulation are already exiting the market, says The Pensions Regulator, and a number of providers have indicated they would pay to take them on....
Creative Pension Trust, the workplace pension behind Creative Auto Enrolment's proposition has obtained master trust assurance framework (MAF) accreditation in anticipation of the 2017 staging crunch. The MAF is the recognised standard...
Mark Futcher, Barnett Waddingham Adviser master trusts are rotten, not fit for purpose and being used by intermediaries to cream off commission through the back door says Barnett Waddingham. Speaking at a...
There are simple steps policymakers can take to quickly improve oversight of master trusts, says Fiona Matthews, managing director of Willis Towers Watson's LifeSight master trust Since the introduction of auto-enrolment in...
Legal & General has gained master trust assurance framework accreditation for its WorkSave Mastertrust, becoming the 10th scheme to achieve the kitemark. The master trust assurance framework was developed by The Pensions...
Punter Southall Aspire is launching a new master trust for additional voluntary contributions (AVCs) for DB scheme members so schemes do not have to themselves meet the Pension Regulator’s new defined contribution...
As Standard Life’s master trust achieves ICAEW accreditation, what is the significance of the benchmark and where does it fit within the pensions regulatory landscape? Q&A with Standard Life head of workplace...
Andrew Warwick-Thompson, TPR Xafinity’s National Pensions Trust and voluntary sector provider The Pensions Trust have been added to The Pension Regulator's list of schemes with master trust assurance. The additions bring the...
