master trust authorisation and supervision regime

This week's top stories included a landmark ruling by The Pensions Ombudsman that a local policy authority scheme should pay benefits in full to a scam victim after it failed to provide adequate anti-scam literature to the member.

The Pensions Regulator (TPR) has warned schemes that making future changes to benefits or structures could cause them to become subject to its master trust regime.

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.

The Pension Regulator's (TPR) Determinations Panel has appointed five members as it prepares to rule on master trust authorisation applications

A draft policy on how authorised master trusts will be supervised and enforced has been outlined in a consultation published by The Pensions Regulator (TPR).

Unprecedented levels of provider consolidation means trustees must regularly monitor and assess security of members' assets, the Security of DC Assets Working Party has warned.

An overwhelming majority of this week's Pensions Buzz respondents agreed with the Pensions and Lifetime Savings Association (PLSA) that national retirement income targets should be developed to help people understand how much to save for retirement.

With just three months to go before TPR's master trust authorisation regime launches, the watchdog has outlined further details of its expectations. James Phillips reports

Master trusts will have just one chance to demonstrate to The Pensions Regulator (TPR) that they should be authorised under the upcoming regime, the watchdog has said.

In this week's Pensions Buzz, we want to know if you think whether the regulator significantly boosting its staff for more visible and forceful action against flagging schemes will be enough, and whether it is focusing too much on the protection of DB...