Master trusts slash prices to 'attract new business' after authorisation

Kim Kaveh
clock • 2 min read

Cost savings of up to 20% could be made by pension schemes if they move to a defined contribution (DC) master trust, according to Hymans Robertson analysis.

The consultancy said that based on information obtained from its clients, providers have been cutting prices to build new business following authorisation. The Pensions Regulator (TPR) announced...

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