Smarterly, a FinTech business focussed on workplace savings, has acquired Salvus Master Trust for an undisclosed sum.
The Salvus Master Trust has launched a mobile app for members after employers revealed they wanted their members to have more access to online tools.
Salvus Master Trust and the Aspire Savings Trust have submitted their master trust authorisation applications to The Pensions Regulator, after being granted extensions of up to six weeks.
Salvus Master Trust is to launch a member app on both the iOS and Android platforms in a bid to enhance engagement.
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The Salvus Master Trust will welcome another 1,200 members and 20 employers as it absorbs the £7m Complete Master Trust.
Salvus Master Trust has launched a new product in a bid to help firms remove the cost of administering the pots of deferred and legacy trust-based defined contribution (DC) members.
Schneider Electric has become the first company to sign up to use Salvus Master Trust's Retirement Bridge deculmulation offering.
Accountancy firm Moore Stephens has appointed Punter Southall Independent Trustees (PSIT) chair of its master trust, which is set to launch at the end of the year.
Goddard Perry has launched an additional voluntary contribution (AVC) version of its Salvus master trust in a bid to deal with regulatory challenges.
SALVUS Master Trust has added 16 additional funds to its investment range.
The Royal Lancaster Hotel Retirement Benefits Plan has appointed Goddard Perry to provide it with actuarial, administration and consulting services.
Goddard Perry Group has launched its master trust called SALVUS which is designed specifically for auto-enrolment.
Goddard Perry has expanded the range of charging structures available for its master trust following feedback from consultants and employers.
The Intelek Pension Scheme and Intelek Money Purchase Scheme have appointed HS Administrative Services as their administrator.
Goddard Perry Consulting has entered the auto-enrolment market with the launch of a regular premium master trust as a direct alternative to NEST.
HS Admin has retained 30 out of 31 clients since it was bought from Aegon by Goddard Perry in October last year.
Telehouse has appointed Goddard Perry Consulting to service its £3.5m group personal pension plan.
Aegon has sold its third-party administration business to corporate consultants Goddard Perry for an undisclosed sum, saving 82 jobs.
Trustees must start giving greater attention to administration fees and assess whether they are paying a disproportionate amount compared to other services, Goddard Perry Consulting says.