Malcolm Delahaye

The trustees and sponsor of Supertrust UK have decided to withdraw the master trust from The Pensions Regulator’s authorisation process and will now wind-up the scheme.

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

There has been much criticism of net pay arrangements over the past year. Malcolm Delahaye says the problem is really about poor pensions policy and the clunkiness of RAS