30 master trusts leaving market as TPR's authorisation regime comes into force

Kim Kaveh
clock • 2 min read

The Pensions Regulator (TPR) has confirmed that 30 master trusts have or will exit the market, leaving 58 which will either need to apply for authorisation or exit in the coming months.

The figure comes as the watchdog's master trust authorisation and supervision regime came into force, alongside its final supervision and enforcement policy for master trusts remaining in the marke...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

More on Law and Regulation

Budget IHT move a 'major adverse change' to the tax treatment of UK schemes

Budget IHT move a 'major adverse change' to the tax treatment of UK schemes

Fieldfisher calls for clarification over scope of death benefits subject to new regime

Jonathan Stapleton
clock 31 October 2024 • 2 min read
PPF publishes s143 valuation assumptions consultation response

PPF publishes s143 valuation assumptions consultation response

PPF confirms ‘marginally overfunded’ schemes will be able to use discount rate for s143 valuations

Martin Richmond
clock 29 October 2024 • 2 min read
Work and Pensions Committee membership appointed

Work and Pensions Committee membership appointed

Seven Labour, two Lib Dems and one Tory to serve on WPC with one vacancy left to fill

Jonathan Stapleton
clock 29 October 2024 • 1 min read
Trustpilot