Workers Pension Trust consolidated into Cushon Master Trust

Cushon says move ‘sets a precedent’ in delivering consolidation for the DC market

Holly Roach
clock • 2 min read
Cushon Master Trust chair Roger Mattingly
Image:

Cushon Master Trust chair Roger Mattingly

The Workers Pension Trust (WPT) has consolidated into the Cushon Master Trust, in a move that “sets a precedent” for delivering consolidation and scale in the defined contribution market.

The merger - approved by The Pensions Regulator in June 2023 - comes after Cushon acquired WPT in 2021 following a £26m funding raise to support "rapid expansion plans". The consolidation - an i...

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

Holly Roach
Author spotlight

Holly Roach

News Editor at Professional Pensions

More on Industry

Industry opposes government decision to reassess Waspi compensation

Industry opposes government decision to reassess Waspi compensation

PP survey shows 69% say government should not reassess Waspi compensation decision

Martin Richmond
clock 28 November 2025 • 3 min read
Professional Pensions: Stories of the week

Professional Pensions: Stories of the week

Autumn Budget pension announcements and IGG buys KGC Associates

Professional Pensions
clock 28 November 2025 • 1 min read
News Digest: Rachel Reeves to rush salary sacrifice cap into law to reassure markets

News Digest: Rachel Reeves to rush salary sacrifice cap into law to reassure markets

PP brings together all the latest news on pensions from across the national and financial media

Professional Pensions
clock 28 November 2025 • 1 min read
Trustpilot