Now authorisation has ended for existing schemes, Kim Kaveh reflects on the process and asks what the future holds for ongoing supervision.
Low income earners in the majority of master trusts are missing out on tax relief on their retirement savings due to a legislative technicality, according to research.
Tony Pugh has been appointed head of defined contribution (DC) for Europe, Middle East and Africa (EMEA) at Aon Hewitt, ending his 28-year stint at Mercer.
Aon Hewitt's master trust is the latest provider to complete the Master Trust Assurance Framework (MAF).
Professional Pensions spoke to three leading providers asking them why employers should choose a master trust; and how these schemes can improve investment and at-retirement options. This is what they said…