BCF and Carey master trusts granted authorisation as regime hits one-year mark

Kim Kaveh
clock • 1 min read

The Carey Workplace Pension Trust and BCF Pension Trust have been granted authorisation, leaving just six master trusts waiting for approval from The Pensions Regulator (TPR).

The approvals were announced today (1 October), exactly one year since the start of the authorisation process, which was put in place to provide better protection for defined contribution (DC) memb...

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

Join now

 

Already a Professional Pensions
member?

Login

More on Defined Contribution

Raising minimum AE levels could boost savings by more than £200,000

Raising minimum AE levels could boost savings by more than £200,000

Research finds savers could accrue £650,000 at retirement under increased AE contribution levels

Martin Richmond
clock 02 September 2024 • 2 min read
L&G appoints Moneyhub as pensions dashboard service provider

L&G appoints Moneyhub as pensions dashboard service provider

Provider says dashboard will form a core part of its collection of digital services for members

Martin Richmond
clock 02 September 2024 • 2 min read
TPR urges providers to 'help shape' VfM framework

TPR urges providers to 'help shape' VfM framework

TPR has published a blog looking at the VfM framework and what DC providers can do

Jasmine Urquhart
clock 30 August 2024 • 1 min read
Trustpilot