Employee benefit consultants are failing to recommend master trusts because of a lack of financial gain for advisers, The Pensions Trust says.
Chairman Sarah Smart (pictured) has asked a number of consultants to demonstrate how they assess master trust offerings compared to single defined contribution (DC) trusts, but says she has been "ignored"....
A "substantial" parliamentary bill acting as a "roadmap" for the long-term future of private pensions will lead to a "significant period of calm", Guy Opperman has promised.
The Department for Work and Pensions (DWP) has completed its appointment process for the Single Financial Guidance Body's (SFGB) board, naming three non-executive directors.
Pensions and financial inclusion minister Guy Opperman has launched a simplified two-page annual statement in a bid to provide a best practice template for the industry.
Some 70% of defined contribution (DC) members want to know their scheme is personalised and tailored to their needs, an Invesco language study reveals.