The number of businesses expecting to have a master trust as their main defined contribution (DC) pension scheme is expected to double over the next three years to 26%, a LifeSight survey reveals.
Low income earners in the majority of master trusts are missing out on tax relief on their retirement savings due to a legislative technicality, according to research.
Most companies are not taking enough action to tackle the significant pensions inertia within their workforce, according to a survey by LifeSight.
Willis Towers Watson's master trust, LifeSight, has been added to The Pensions Regulator's (TPR) master trust assurance list.
AE staging dates are spread across seven years, but small businesses will have very little time to prepare for rate increases. James Phillips reports
Capital adequacy for master trusts should be set at a minimum of £2m to ensure a robust and innovative market according to Now Pensions.
Xafinity's National Pension Trust, Lifesight and Legal & General (L&G) have been named as the first awardees of the Pensions and Lifetime Savings Association's (PLSA) Retirement Quality Mark (RQM).
Willis Tower Watson's (WTW) master trust LifeSight has appointed Jo Kite as UK managing director after Fiona Matthews was promoted to global head.
Many master trusts say they have achieved the Master Trust Assurance Framework accreditation yet very few appear on the regulator's official list. Helen Morrissey asks why this is happening
Fiona Matthews looks at the industry’s key governance concerns.