Aegon Master Trust, Fidelity Master Trust and Ensign have sent off their authorisation applications to The Pensions Regulator (TPR).
The regulator has granted extensions to 11 master trusts. Kim Brown explains why this is a positive move.
Some 36% of trustees and pension directors are reconsidering the way they offer pension benefits in light of master trust authorisation, according to LifeSight.
Smart Pension has submitted its master trust authorisation application to The Pensions Regulator (TPR), joining at least 14 other master trusts awaiting response.
National Pension Trust (NPT) has submitted its master trust authorisation application to The Pensions Regulator (TPR), joining 12 other master trusts awaiting response.
TPT Retirement Solutions has submitted its master trust authorisation application to The Pensions Regulator (TPR), joining 11 other master trusts who are awaiting a response.
SEI has submitted its master trust authorisation application to The Pensions Regulator (TPR) with just a few weeks left until the deadline.
The People's Pension has submitted its authorisation application to The Pensions Regulator (TPR), with four weeks to go until the deadline.
Just eight master trusts have so far applied to The Pensions Regulator (TPR) for authorisation with just two months left until the deadline.
The £50m Crystal Trust has welcomed 35,000 members from The Open Pension Trust, absorbing £33m of members' assets.