NEST Corporation chief executive Tim Jones has admitted he does not like the restrictions placed on the National Employment Savings Trust by the government.
NEST is currently operating with a £4,200 annual contributions cap and a transfer ban, which experts have argued could turn away larger employers and push them towards other providers. Jones told the...
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.