DC master trusts to pay up to £67k for authorisation
Protection on a par with occupational pensions
The Pensions Regulator (TPR) will authorise and supervise defined contribution (DC) master trusts under a planned regime which will "strike the right balance" between member security and scheme burdens.
Under the regime, unveiled by the Department for Work and Pensions (DWP) today, members in master trusts will be given equivalent protections to members in other occupational pension schemes. Authorisation...
More on Pensions
Government launches small pension pots taskforce
Numbers jumped due to auto-enrolment
Large DB schemes set to test PPF Covid-19 sustainability
Could be more than £20bn hit
Jamie Smith: Advice essential for pandemic-panicked retirement savers
Market turmoil erodes trust
Claire Trott: Which pension tax relief option is best for clients?
Call for evidence will highlight problems
More news
Crispin Odey pleads not guilty to 1998 assault allegation
Today at Westminster Magistrates Court
Study shows why 60 structured products lost investors money
American-style capital protection barriers largely to blame
Potential Royal London and LV= merger: Complex and disruptive or powerful and modern?
Professionals from across personal finance sectors have deemed the potential Royal London and LV= merger to be a “powerful opportunity,” but one that is “bound to be complicated”.
Royal London enters equity release market via partnership with Responsible Life
To offer multiple products
