Master trusts will have just one chance to demonstrate to The Pensions Regulator (TPR) that they should be authorised under the upcoming regime, the watchdog has said.
From October, the UK's 81 master trusts will need to apply for authorisation under a stringent regime aimed at ensuring the governance and financial backing of master trusts meets five criteria. ...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership, providing you access to:
- 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
