Willis Towers Watson's master trust, LifeSight, has been added to The Pensions Regulator's (TPR) master trust assurance list.
The consultancy's scheme has achieved the Master Trust Accreditation Framework (MAF) to type II status, meaning it has been independently verified as having effective control procedures.
It achieved the first tier MAF accreditation - which checks the design of control procedures - in October 2015, and the higher level last April. However, MAF II must be earned annually and so a new inspection of LifeSight's procedures is ongoing.
Being added to TPR's list means it has also satisfied the regulator on tax relief, member communications and other potential risks.
LifeSight UK managing director Jo Kite said TPR's list was important for building consumer confidence.
"Having first achieved MAF II status in April last year, we are pleased to now be listed on TPR'S website," she said. "We believe that in order for the master trusts market to remain well-governed and credible, reputable accreditations like these are crucial.
"Not only do they build confidence in the industry, they recognise those master trusts that operate to the highest standards and truly put members' interests at the heart of their proposition."
Earlier this month, TPR said master trusts should aim to complete the assurance framework ahead of it gaining authorisation powers.
The authorisation process is expected to focus on master trusts' systems and processes, and so schemes that have already demonstrated good practice in these areas and have MAF accreditation will find the process easier.
Although many master trusts state they have achieved the MAF framework, just a limited number appear on TPR's list due to the additional checks carried out by the watchdog.
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