Peter Walker: What could the new master trust legislation look like?

The race is now very much on to encourage as many people as possible to save for their retirement through workplace pensions and auto-enrolment - and boosting the regulatory regime around master trusts is an important part of the work being done. As more people start to contribute, trust and security will be critical to auto-enrolment success. So here - always assuming Brexit allows Parliament time to consider anything else - is what the Autumn Pensions Bill could look like. To start with, it looks as though there will be a mandatory minimum capital adequacy requirement for new master...