Govt reveals 20 master trusts will exit the market before authorisation

Kim Kaveh
clock • 2 min read

Some 20 master trusts will not apply for authorisation with The Pensions Regulator (TPR) by the 1 October deadline to operate in the market, Baroness Peta Buscombe has said.

During a debate at the House of Lords on 18 July, the parliamentary under-secretary of state for work and pensions said the regulator is currently "working closely" with these master trusts, which ...

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