The number of trust-based DC schemes has fallen by 40% over the last 14 years but the remainder have larger memberships, The Pensions Regulator's data reveals.
Legal & General has launched the Master trust Employer Group for schemes in master trust arrangements.
The Pensions Regulator has proposed to develop a regulatory framework which recognises the "inherent complexities" within the master trust sector.
Ladbrokes has selected Legal and General to provide its auto-enrolment scheme.
UK master trust providers have launched a trade association in a bid to drive up governance standards and give the sector a "unified voice".
Zurich is the latest provider to announce plans to enter the master trust market for auto-enrolment.
Goddard Perry Group has launched its master trust called SALVUS which is designed specifically for auto-enrolment.
Social housing repairs and maintenance provider Mears has chosen B&CE's master trust The People's Pension for its 13,000-strong workforce.
Travis Perkins Group has appointed Standard Life as its pension provider in the run-up to automatic enrolment.
Providers operating master trusts may form a trade association, possibly as part of the National Association of Pension Funds.