Late March marks the deadline for master trust authorisation. But how will the new regulatory regime affect those that are remaining in the market and those that decide to exit? Matt Dodds looks at the details.
Remainers There will be fewer master trusts in the market, but those that remain will hopefully be more robust. Raising standards in schemes looking after millions of new savers can only be a good thing...
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