The Benefits of Tighter Authorisation and Supervision

From October 2018, multi-employer Master Trust pension arrangements will face tighter authorisation and supervision than ever before. That’s because from then on new and existing Master Trusts will have to prove to The Pensions Regulator (tPR) that they meet five...

Pensions Are Evolving, and So Are We

In the darkness of Wonderwerk Cave in South Africa perhaps one million years ago, our ancestors lit a fire. This seemingly small event is now regarded as a key step in human development because it gave our ancestors access to instant warmth, cooked food and new...

Ensure a strong foundation for your Master Trust

With the countdown well underway until the new Master Trust authorisation regime begins in October 2018, schemes are working hard to gather evidence to support their application to The Pensions Regulator. As we begin taking a hard look at our Master Trusts, it is...

Is your Master Trust ready for the future?

With a new year comes a whole host of new challenges for the pensions industry, and 2018 looks set to be the start of an important process of tidying up and building back a reputation of quality and trust for the sector. Following the introduction of the Pension...

What is Pension Freedom and what does it mean for me?

In 2014 the government introduced pension freedom in the budget, coming into effect from April 2015. This enabled anyone aged 55 and over to take the whole of their pension fund as a lump sum, paying no tax on the first 25% and the rest taxed as if it were a salary at...

What is the future for Commercial Master Trusts?

Regulations are forever evolving and this continuing shift of the pensions landscape has an impact on the organisations running commercial Master Trusts . When you take into account the proposed ‘noose’ of a 50bps charge cap, the question has to be asked “What is the...