Now authorisation has ended for existing schemes, Kim Kaveh reflects on the process and asks what the future holds for ongoing supervision.
The number of businesses expecting to have a master trust as their main defined contribution (DC) pension scheme is expected to double over the next three years to 26%, a LifeSight survey reveals.
Most companies are not taking enough action to tackle the significant pensions inertia within their workforce, according to a survey by LifeSight.
Capital adequacy for master trusts should be set at a minimum of £2m to ensure a robust and innovative market according to Now Pensions.