Tough master trust rules come into force as Pensions Bill gets Royal Assent

James Phillips
clock • 2 min read

Members of master trusts will see greater protection as new rules for an authorisation regime and capital adequacy have been signed into law.

After months of debate, the Pension Schemes Bill passed the final hurdle of Royal Assent on 27 April, banning member-borne commission payments and capping early exit charges at 1% for existing sche...

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James Phillips
Author spotlight

James Phillips

Professional Pensions journalist from 2016-2022

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