TPR: Quarter of master trusts confirmed to quit market so far

James Phillips
clock • 2 min read

At least 24 master trusts will close shop as the authorisation regime comes into force, representing a quarter of the market, The Pensions Regulator (TPR) has confirmed.

The updated figure came as the watchdog provided further guidance and feedback to those schemes seeking authorisation, of which 33 took part in the regulator's voluntary readiness reviews, triallin...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • 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

Join now

 

Already a Professional Pensions
member?

Login

James Phillips
Author spotlight

James Phillips

Professional Pensions journalist from 2016-2022

More on Law and Regulation

Why we need system-wide reforms to modernise how pension transfers work

Why we need system-wide reforms to modernise how pension transfers work

Lisa Picardo calls for reforms including a 10-day ‘Pension Switch Guarantee’

Lisa Picardo
clock 12 February 2026 • 5 min read
CDC beyond the headlines – a focus on intergenerational risk transfer

CDC beyond the headlines – a focus on intergenerational risk transfer

John Southall says CDC’s success will depend on how intergenerational fairness is treated

John Southall
clock 10 February 2026 • 7 min read
OBR says 80% of in-scope workers may cut contributions as salary sacrifice limited

OBR says 80% of in-scope workers may cut contributions as salary sacrifice limited

Watchdog says behavioural impacts will also include employer contribution increases

Jonathan Stapleton
clock 06 February 2026 • 2 min read
Trustpilot