The government-backed auto-enrolment (AE) provider NEST is the latest master trust to apply for authorisation to The Pensions Regulator (TPR), PP can exclusively reveal.
Smart Pension has submitted its master trust authorisation application to The Pensions Regulator (TPR), joining at least 14 other master trusts awaiting response.
Tim Phillips of Smart Pension describes the challenges facing the industry to get people engaged with their pensions and make the most of their savings at retirement.
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.
J.P. Morgan has made a strategic investment in Smart Pension for an undisclosed amount, bringing the master trust's total funds raised to around £50m.
Dean Wetton Advisory has unveiled research analysing the value added by master trust investment strategies, exclusively to PP. Kim Kaveh looks at the findings.
This week's top stories were the British Steel review concluding that trustees "need professional help" on communications, and Smart Pension absorbing £12.5m Corporate Pensions Trust.
Smart Pension has absorbed more than 6,500 members from the Corporate Pensions Trust (CPT) after its trustees decided not to apply for authorisation.
Darren Philp argues collective defined contribution could really come to life this year if innovation is allowed to thrive.