Why it's time to tighten up master trust regulation

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 ...