master trust

Aviva has launched a defined contribution (DC) default investment strategy for its workplace pension clients, incorporating ethical and ESG considerations.

Work and Pensions Committee (WPC) chairman Frank Field has written to The Pensions Regulator (TPR) over its influence on the Universities Superannuation Scheme's (USS) 2017 valuation.

Now Pensions chief executive (CEO) Troy Clutterbuck has stepped down from the role with immediate effect.

Improved diversity on master trust boards can enable greater understanding of wider socioeconomic circumstances, argues James Phillips.

This week's top stories include ITS' management buyout from Mercer, and The Pensions Regulator launching a probe into single-employer defined contribution schemes' default funds.

The government's auto-enrolment provider NEST is going tobacco-free across all of its investment portfolios after concluding the asset is a "poor investment" for its eight million members.

The Pensions Regulator (TPR) has launched a pilot to ensure single-employer defined contribution (DC) schemes are meeting their legal obligations and properly governing default arrangements.

Many master trust boards lack diversity, yet the ultimate goal should be to achieve cognitive inclusion to represent a large cohort of DC members, writes Kim Kaveh.

Last month, a roundtable looked at the future of CDC and whether master trusts are well-placed to provide such an arrangement. Kim Kaveh reports

The Ascot Lloyd Pension Trust has triggered its exit from the master trust market, becoming one of the 44 which have chosen not to apply for authorisation from The Pensions Regulator (TPR).