The Pensions Regulator (TPR) has warned schemes that making future changes to benefits or structures could cause them to become subject to its master trust regime.
Although schemes may not currently meet the definition of ‘master trust' in law, seemingly innocent changes to the benefit structure could mean they suddenly have new obligations and requirements. ...
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 for 12 months, 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
