The trustee of master trust Now Pensions has been fined and given a set of stringent deadlines to fix long-running pension scheme issues, The Pensions Regulator (TPR) announced today.
Master trusts will need to be authorised by the regulator from October, but the current framework is still a draft. James Phillips explores if it's ready.
Now Pensions has invested approximately £65m worth of green bonds through its diversified growth fund (DGF).