Smart Pension failed to report the fact it had not collected or invested nearly £900,000 of pension contributions on behalf of its members, an investigation by The Pensions Regulator (TPR) has found.
Punter Southall Aspire has obtained the master trust assurance framework (MAF) accreditation for its Aspire Savings Trust.
Six out of nine automatic enrolment (AE) providers have no policy to prevent investments in companies that profit from chemical and biological weapons, according to analysis by ShareAction.
Smart Pension has appointed ClaritEx to develop its cost transparency solutions effective from Q3, making the master trust its first client.
Kim Kaveh asks how much clarity the master trust code of practice gives to schemes applying for authorisation in October.
Paul Budgen says many of the smaller providers with less resource and funding will not make it through the costly and time-consuming months ahead
The Salvus Master Trust will welcome another 1,200 members and 20 employers as it absorbs the £7m Complete Master Trust.
In this week's Pensions Buzz, we want to know whether you think a contract-based, trust-based or a master trust arrangement would be best for a new defined contribution scheme.
This week's top stories include Tesco cutting its defined benefit deficit by £2.8bn after it changed the way it reflected long-dated corporate bond yields in its discount rate.
Low income earners in the majority of master trusts are missing out on tax relief on their retirement savings due to a legislative technicality, according to research.