The government has offered Nest a £329m "contingent liability guarantee" in order to ensure it is fully compliant under the new master trust authorisation process. Rather than a direct payment this comes...
Smart Pension is taking the employers and members of Lighthouse Group’s Corporate Pensions Trust following the decision of its trustees not to apply for master trust authorisation. CPT’s decision not to apply...
20-20 Trustees has appointed Naomi L’Estrange as its new managing director. L’Estrange has worked for the professional trustee firm since 2014, and currently runs its Nottingham office. She has had 20 years...
The latest figures released about the shape of the master trust market show that one scheme has applied for authorisation so far. Given the window has been open since 1 October 2018...
Salvus Master Trust is launching a new app to encourage more engagement with members. The app, which will be available on both IOS and Android platforms, will allow members to access information...
The proposed pension dashboards framework announced by Pensions Minister Guy Opperman, provides a major opportunity to enhance consumer understanding of their savings, reduce financial exclusion and significantly improve the UK’s savings ratio....
The Pensions Management Institute has said that the growing master trust sector must overcome “significant obstacles” if it wants to deliver a good service for members. To achieve this end the professional...
Dutch and Swedish DC charges to scheme members look competitive, but overall they are typically more complex with additional administration fees, in the case of the Netherlands, paid for by the employer....
In July, Nest set industry tongues wagging when it awarded a mandate to a specialist fund firm to invest in commodities on behalf of its 6.9 million members. The DC master trust said...
The number defined benefit pension scheme transfers has risen by a staggering 567 per cent, since the introduction of pension freedoms. According to the Financial Conduct Authority, in the six months to...
