Why it's time to tighten up master trust regulation

Auto-enrolment is heating up for small businesses

clock • 4 min read

Graham Peacock believes there is a feeling of uncertainty in the master trust market which needs to be addressed. Here he explains how...

Master trusts have become the go-to workplace pension solution for the majority of employers and advisers alike, looking to ensure compliance with auto-enrolment, with 60% of all employers that have staged so far using one, according to NOW: Pensions. With so much of the nation's savings tied up in these schemes, it is not surprising that they have come under increasing scrutiny, and have been unfavourably compared to contract-based schemes. There have been claims of low barriers to entry and inferior regulation, and these have led the government to consider legislation that tightens ...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Pensions

Savers can draw down target retirement income for just 11 years

Savers can draw down target retirement income for just 11 years

Report exposes retirement income gap

Jenna Brown
clock 08 May 2025 • 3 min read
State pension nears tax threshold – how can the government fix it?

State pension nears tax threshold – how can the government fix it?

'While policy change would be welcome, individual action is just as crucial'

Laura Suter
clock 06 May 2025 • 4 min read
A 1000-day wait: Pension transfer delays demand urgent reform, advisers say

A 1000-day wait: Pension transfer delays demand urgent reform, advisers say

Transfer delays highlight need for ten-day Pension Switch Guarantee

Sahar Nazir
clock 29 April 2025 • 2 min read