Aspire Savings Trust

Punter Southall Aspire has announced it is withdrawing from the master trust market.

Punter Southall Aspire has acquired accountancy and business advisory firm BDO’s employee benefits business.

This week’s top stories include Thomas Cook’s four pension schemes being poised to enter a Pension Protection Fund assessment period.

NEST, Aegon Master Trust, Ensign Retirement Plan, Creative Pension Trust and the Baptist Pension Scheme have been authorised by The Pensions Regulator (TPR).

Now Pensions and SuperTrust UK Master Trust have submitted their authorisation applications to The Pensions Regulator (TPR) as the six-week extension period expires.

Salvus Master Trust and the Aspire Savings Trust have submitted their master trust authorisation applications to The Pensions Regulator, after being granted extensions of up to six weeks.

Workers Pension Trust was one of the 30 master trusts to apply for authorisation ahead of the 31 March deadline, PP can reveal.

Punter Southall Aspire has obtained the master trust assurance framework (MAF) accreditation for its Aspire Savings Trust.