Barnett Waddingham's Andrew Roberts has been appointed chairman of The Association of Member-Directed Pension Schemes.
He takes over from Rowanmoor's Robert Graves. On his appointment, Roberts said "I am pleased to be given the opportunity to represent the members of AMPS and to continue the good work of my predecessors....
The Pensions Regulator (TPR) has granted 11 master trusts extensions to apply for authorisation, as it confirms it has received 22 applications ahead of the 31 March deadline.
Aegon Master Trust, Fidelity Master Trust and Ensign have sent off their authorisation applications to The Pensions Regulator (TPR).
Self-administered pension funds spent £15bn on payments to pensioners in Q4 2018, but received just £12bn in contributions (net of refunds), Office for National Statistics (ONS) data reveals.
Aberdeen Standard Investments (ASI) and Gresham House are to team up to form a joint venture.