Willis Towers Watson's LifeSight is the first master trust to be granted authorisation by The Pensions Regulator (TPR).
This week's top stories included two more master trusts applying for authorisation as the market continues to reshape under the strengthened regime.
Just eight master trusts have so far applied to The Pensions Regulator (TPR) for authorisation with just two months left until the deadline.
Now Pensions has overhauled its administration system after historic issues caused a failure in collecting and investing around 265,000 members' contributions.
Dean Wetton Advisory has unveiled research analysing the value added by master trust investment strategies, exclusively to PP. Kim Kaveh looks at the findings.
HM Treasury has agreed in principle to give NEST a £329m contingent liability guarantee in the event of the master trust's wind up or closure.
Despite the gloom around Brexit and all the challenges facing pensions, there are plenty of reasons to be cheerful. Top industry commentators tell Stephanie Baxter why there is cause for optimism
Just six of the remaining 49 defined contribution master trusts have applied for authorisation to The Pensions Regulator (TPR) since its regime came into force last October.
The £50m Crystal Trust has welcomed 35,000 members from The Open Pension Trust, absorbing £33m of members' assets.
Some 87% of master trusts support future collaborative efforts to overcome barriers to good service delivery, the Pensions Management Institute (PMI) says.