Salvus Master Trust and the Financial Conduct Authority Pension Plan have been approved by The Pensions Regulator (TPR), concluding the master trust authorisation regime for existing schemes.
The Combined Nuclear Pension Plan (CNPP) is the latest master trust to have been granted authorisation by The Pensions Regulator (TPR).
The Carey Workplace Pension Trust and BCF Pension Trust have been granted authorisation, leaving just six master trusts waiting for approval from The Pensions Regulator (TPR).
Now Pensions, Scottish Widows Master Trust, Aspire Savings Trust, and the ITB Pension Funds have been authorised by The Pensions Regulator (TPR).
NEST, Aegon Master Trust, Ensign Retirement Plan, Creative Pension Trust and the Baptist Pension Scheme have been authorised by The Pensions Regulator (TPR).
Aegon's master trust now manages over £1bn in savers' assets as its overall European life business continues to grow.
Aegon Master Trust, Fidelity Master Trust and Ensign have sent off their authorisation applications to The Pensions Regulator (TPR).