30 master trusts leaving market as TPR's authorisation regime comes into force

Kim Kaveh
clock • 2 min read

The Pensions Regulator (TPR) has confirmed that 30 master trusts have or will exit the market, leaving 58 which will either need to apply for authorisation or exit in the coming months.

The figure comes as the watchdog's master trust authorisation and supervision regime came into force, alongside its final supervision and enforcement policy for master trusts remaining in the marke...

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

More on Law and Regulation

FCA figures reveal surge in pension withdrawals over past two years

FCA figures reveal surge in pension withdrawals over past two years

Total value withdrawn has jumped from £53.6m in 2023/24 to £91.2m in 2025/26

Jonathan Stapleton
clock 24 September 2026 • 3 min read
Action needed now on salary sacrifice to minimise disruption

Action needed now on salary sacrifice to minimise disruption

LCP says early preparation will help employers navigate the transition

Jonathan Stapleton
clock 24 September 2026 • 2 min read
What good governance looks like in 2026

What good governance looks like in 2026

Phil Farrell discusses how trustees can make better decisions with less process

Phil Farrell
clock 18 September 2026 • 4 min read
Trustpilot