USS receives master trust authorisation as BCF Pension Trust applies

Kim Kaveh
clock • 1 min read

The Universities Superannuation Scheme's (USS) defined contribution master trust - USS Investment Builder - has received master trust authorisation from The Pensions Regulator (TPR).

Announced today (14 May) - the master trust is the first hybrid pension scheme to be given the stamp of approval after it applied last December - three months ahead of the watchdog's initial end of...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

More on Defined Contribution

Members still struggling with retirement decisions despite a rise in engagement

Members still struggling with retirement decisions despite a rise in engagement

TPT research shows just 11% of members have never reviewed their pension

Martin Richmond
clock 04 August 2026 • 2 min read
SPP: How VfM can evolve to close the consumer gap

SPP: How VfM can evolve to close the consumer gap

Harriet Sayer looks at how the value for money (VfM) framework can become a practical tool for members

Harriet Sayer
clock 04 August 2026 • 3 min read
Nine in ten AE-eligible employees now saving into a workplace pension

Nine in ten AE-eligible employees now saving into a workplace pension

DWP figures show annual workplace savings reached £166.1bn in 2025

Martin Richmond
clock 30 July 2026 • 4 min read
Trustpilot