Master Trusts

JP Morgan has taken a stake in workplace pensions provider Smart Pension, bringing its total funds raised to date to £50m. The deal sees JP Morgan global head of retirement solutions Anne...

Significant administrative problems at Now: Pensions, affecting more than a quarter of a million people have been largely resolved says the Pensions Regulator. TPR says the provider and its trustees have largely...

MPs have grilled auto-enrolment pension providers over their investment performance, highlighting the poor three-year figures from Now: Pensions, and criticising providers for not focusing more on delivering returns to investors. MPs at...

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...