Mercer Master Trust applies to TPR as 'tsunami' of last minute submissions expected

Kim Kaveh
clock • 2 min read

Mercer Master Trust has sent off its authorisation application to The Pensions Regulator (TPR) taking the total number of submissions received and awaiting response to 12.

The scheme submitted its application on 20 February, at which point there was over one month to go until the authorisation deadline at the end of March. Mercer partner Roger Breeden said: "We've...

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