Master Trusts

The ONS tells us that nearly a third of the UK workforce is over the age of 50, up from 20 per cent just 30 years ago. The workforce is getting older....

The Department of Work and Pensions has launched a consultation on proposals to expand collective defined contribution (CDC) schemes to include multi-employer schemes and decumulation-only versions.  Currently the CDC legislation only allows...

Providers will be required to give granular figures of performance net of charges paid by different types of employer customers under value for money (VFM) proposals put forward by the Government today....

The Government is seeking feedback from the pensions industry on two possible solutions to the small pots problems within the auto-enrolment market.  Its latest call for evidence is asking whether a pot-follows-member...

Smart Pension has launched three new sustainable lifestyle strategies with different growth fund options.  Alongside its default offering — the Smart Sustainable Growth Fund — it is also now offering the Smart...

Thousands of savers approaching retirement in September saw devastating falls in their fund value in the year to state pension age or their stated retirement age, with the average at-retirement default down 9.08...

The Pensions Regulator has called on trustees to strengthen the governance and oversight of DC schemes to ensure savers in lifestyle schemes are in strategies consistent with their investment objectives. In a guidance...

Default pathways into retirement need to deliver on multiple fronts. Members will always want a combination of high income, flexibility of withdrawals, death benefits, simplicity and trust. They also want protection against...

The transition from a defined benefit (DB) to defined contribution (DC) model means workplace pension savers transitioning into retirement face a confusing, risky and uncertain future. The market volatility of the Truss/Kwarteng era and a more fundamental change...

Employees have £1 saved in workplace Isas for every £500 saved in defined contribution pensions, with corporate Isa savings now standing at £800m, according to figures from Corporate Adviser Intelligence’s Workplace Savings...