The assurance framework for master trusts, being developed by the Institute of Chartered Accountants in England and Wales (ICAEW) and The Pensions Regulator (TPR), is costly and insufficient, providers warn.
The consultation on the framework, launched in October (PP Online, 16 October), closed on 16 December. In it, TPR and the ICAEW proposed a set of ‘control objectives' for master trusts which are...
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