The long awaited Pension Schemes Bill to boost master trust regulation has been published. Michael Klimes looks at what it means for providers and the regulator
At a glance The bill has five key criteria for approving master trusts TPR has enhanced powers to supervise and license master trusts Concerns have been raised about capital adequacy requirements...
This week's top stories included Legal & General acquiring MyFutureNow to provide a dashboard service to customers, while also agreeing a hybrid buy-in with a Hitachi scheme.
NEST has signed up to the government-backed Star Initiative, taking all of its 8 million members' pension pots with it.
It is perhaps inherently difficult to find an agreed definition of value for money, but some methodologies could act as a stopgap, argues Jonathan Stapleton.