The Pensions Regulator (TPR) has granted 11 master trusts extensions to apply for authorisation, as it confirms it has received 22 applications ahead of the 31 March deadline.
Aegon Master Trust, Fidelity Master Trust and Ensign have sent off their authorisation applications to The Pensions Regulator (TPR).
The regulator has granted extensions to 11 master trusts. Kim Brown explains why this is a positive move.
Some 36% of trustees and pension directors are reconsidering the way they offer pension benefits in light of master trust authorisation, according to LifeSight.
Smart Pension has submitted its master trust authorisation application to The Pensions Regulator (TPR), joining at least 14 other master trusts awaiting response.
Accreditation will reduce the number of sole-trader professional trustees, this week's Pensions Buzz respondents say.
This week's top stories included warnings that defined benefit (DB) transfers could become more difficult for trustees to process after regulatory register changes.
National Pension Trust (NPT) has submitted its master trust authorisation application to The Pensions Regulator (TPR), joining 12 other master trusts awaiting response.
The government will proceed with a range of changes to the investment consultant and fiduciary management markets as recommended by a major competition review.
The Pensions Regulator (TPR) will not conduct any further investigation into Johnston Press after its defined benefit (DB) scheme was pushed into Pension Protection Fund (PPF) assessment last year.