Smart Pension is set to take on all members and employers of the Welplan Pensions Master Trust, following its closure last year.
The move comes after Welplan Pensions triggered its exit from the master trust market back in March, with just a few days to go until The Pensions Regulator's (TPR) application deadline, claiming the regulatory...
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The economic uncertainty generated by Covid-19 is likely to cause a large number of defined contribution (DC) schemes to move into master trusts, according to PP readers.
Red tape preventing pension schemes from managing the barriers around GMP equalisation is leading to many combining conversion with pension increase exercises (PIE), Aon says.
The Financial Conduct Authority (FCA) will bring forward proposals designed to promote value for money for workplace pension schemes members, a consultation paper says.
There will be a “surge” of employers moving defined contribution (DC) occupational trust pension schemes to master trusts as lockdown eases and employees return to work post-furlough, Hymans Robertson says.