The Workers Pension Trust (WPT) has consolidated into the Cushon Master Trust, in a move that “sets a precedent” for delivering consolidation and scale in the defined contribution market.
The merger - approved by The Pensions Regulator in June 2023 - comes after Cushon acquired WPT in 2021 following a £26m funding raise to support "rapid expansion plans". The consolidation - an i...
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