The Department for Work and Pensions (DWP) has proposed to exempt the largest master trusts from some auditing rules.
The Pensions Regulator (TPR) and the Institute of Chartered Accountants of England and Wales (ICAEW) have published a draft assurance framework to help ensure high standards in master trusts.
Mercer is to launch a master trust through its workplace savings platform, offering access to Aegon, Friends Life and Zurich schemes.
NOW Pensions is preparing to split its trustee and commercial boards in order to improve governance.
Trustees closing occupational defined contribution (DC) schemes must keep members' best interests at heart when considering a master trust bulk transfer, Xafinity warns.
Animal care retailer Pets at Home has chosen Legal & General's master trust as its auto-enrolment (AE) provider.
Legal and General Trustees has (LGT) changed the rules of its master trust to accept members from closing occupational schemes to boost the scale of the vehicle.
Fidelity has appointed Pitmans Trustees (PTL) to act as professional trustee of its newly created master trust.
Legal & General's (L&G) WorkSave master trust has become the first insurer scheme to receive the Pension Quality Mark (PQM) Ready accreditation.
Auto-enrolment (AE) has reached a six-figure sum after the millionth worker was auto-enrolled into their workplace pension, The Pensions Regulator (TPR) revealed.