The Pensions Regulator (TPR) has said it was unaware of six schemes that meet the legal definition of 'master trust' ahead of the start of the authorisation regime.
In a new monthly master trust market update, the watchdog said a total of nine further master trusts had been identified since it published its defined contribution (DC) statistics in January, bringing...
More needs to be done to speed up DB to DC transfers but, as Jonathan Stapleton says, more also needs to be done to protect members.
The Pensions Ombudsman (TPO) took on 2,566 early resolution cases in 2018/19 after onboarding a team from The Pensions Advisory Service (TPAS), according to its annual report and accounts.
The lifeboat fund is in a good position despite reserves taking a £0.6bn hit. But the ramifications of the EU judgment on member compensation is an area of concern for CEO Oliver Morley, writes Stephanie Baxter