Trustees must be able to compare master trust performance to discern their true value. Costs alone can’t be the sole selection criteria, says AllianceBernstein portfolio manager, EMEA multi-asset solutions Karen Watkin Master...
Some master trusts are taking too much risk in the run-up to retirement while others are being too cautious in the growth phase, leading to potentially poorer outcomes, a Hymans Robertson report...
The FCA’s referral of investment consultants to the Competition and Markets Authority (CMA) should be welcomed as it could shake up the master trust market and force increased competitive tendering for mandates...
Capita’s Atlas Master Trust has signed up Schroders to manage DC default proposition to its scheme members. Capita Employee Benefits, which launched Atlas in 2015, will continue to administer the scheme, while...
Master trusts and buyout providers will be able to demonstrate the quality of their administration systems under a new accreditation standard to be launched by the Pensions Administration Standards Association (PASA). PASA...
A significant gap in quality of auto-enrolment master trust investment exists with those aimed at smaller employers almost exclusively in passive equities, research from the DC Investment Forum has found. A report...
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...
