What is a Master Trust?

The Pension Schemes 2017 Act introduces a formal definition of a ‘master trust’. Master trusts were greeted with mixed emotion into the pensions club five years ago but are now the backbone of defined contribution (DC) scheme provision. As of today, a master trust is...

75bps: Should the charge cap remain?

The Government’s introduction of workplace pensions to the market was intended not only to solve the issue of fewer companies offering lifelong pension schemes, but to tackle the troubling lack of saving habits among younger savers and those who move jobs regularly....

Pension Scheme Guidance or Advice?

Since George Osborne’s announcement of changes to the Budget, Financial Guidance has become a buzzword circulating throughout the Pensions industry. Osborne’s claim that everyone approaching retirement would soon be entitled to free face-to-face advice was soon...