The master trust market now represents 16 million memberships and holds more than £36bn in assets, The Pensions Regulator’s (TPR) final master trust market update reveals.
Professional Pensions has compiled a list charting the progress of master trust authorisation. View our list in full here...
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 trustees and sponsor of Supertrust UK have decided to withdraw the master trust from The Pensions Regulator’s authorisation process and will now wind-up the scheme.
The Combined Nuclear Pension Plan (CNPP) has dropped Hymans Robertson as an investment adviser for its defined contribution (DC) master trust and appointed Redington as a replacement.
Manchester Airport Group (MAG) has selected Legal and General (L&G) to run a master trust scheme for its employees after a review of its defined contribution arrangement, PP has learned.
The University of Oxford Staff Pension Scheme has received master trust authorisation from The Pensions Regulator (TPR), taking the total number of approved schemes to 34.
B&CE has launched a redundancy consultation with staff as part of a plan to reduce costs and become more efficient.
The top stories this week were Gallagher’s acquisition of AHC, and the publication of the GMP Equalisation Working Group’s methodology guidance.
Cardano Group has completed the acquisition of Now Pensions, a week after the master trust received authorisation 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).
Salvus Master Trust’s funds under management have surpassed the £200m as it continues to wait for authorisation from The Pensions Regulator (TPR).
This week’s top stories included The Pensions Regulator launching a prosecution against the director of a professional trustee firm, and the regulator approving five master trusts.
The Pensions Management Institute's (PMI) Master Trust Working Group is inviting pension experts to participate in four workstreams to tackle barriers to good service delivery and positive member outcomes.
Willis Towers Watson has published a report looking at DC trends over the past year. Kim Kaveh looks at the findings.
NEST, Aegon Master Trust, Ensign Retirement Plan, Creative Pension Trust and the Baptist Pension Scheme have been authorised by The Pensions Regulator (TPR).
Smart Pension and The Lewis Workplace Pension Trust have been authorised by The Pensions Regulator (TPR), taking the total number of approved schemes to 22.
2018 was a testing year for master trust investment performance. Michael Ambery looks at how different strategies fared during a difficult 12 months
The default investment strategy of master trusts is critical to their success. AllianceBernstein’s David Hutchins shares his views of best practice
Professional Pensions takes a look at how the master trust market is evolving in light of the authorisation regime and asks what the future could hold
The People's Pension, Atlas Master Trust and The Cheviot Trust have been granted authorisation from The Pensions Regulator (TPR), taking the total number of authorised master trusts to 18.
SEI Master Trust and National Pension Trust have been granted authorisation, becoming the 14th and 15th master trusts to be given the stamp of approval by The Pensions Regulator (TPR).
The Railways Pension Scheme's Industry Wide Defined Contribution (IWDC) Section and the Aon Master Trust have become the 12th and 13th master trusts to be authorised by The Pensions Regulator (TPR).
Smart Pension's head of policy and communications says Now Pensions' AE index was propaganda but raises the issue of the long-term effect of charges.