master trusts

The Defined Contribution Investment Forum (DCIF) has reappointed Vivek Roy as chairman for 2019 following a vote at its annual general meeting last November.

Late March marks the deadline for master trust authorisation. But how will the new regulatory regime affect those that are remaining in the market and those that decide to exit? Matt Dodds looks at the details.

Defined benefit (DB) superfunds that wish to enter the market must talk to The Pensions Regulator (TPR) about their plans before opening for business.

This week's top stories included the High Court ruling that guaranteed minimum pensions must be equalised, and Ford offering partial defined benefit transfers to members.

In this week's Pensions Buzz, respondents warned schemes being required to offer partial transfers could lead to too many administrative burdens

Financial services provider STM Group will expand into the auto-enrolment (AE) market after acquiring Carey businesses for £400,000.

This week's top stories included The Pensions Regulator's announcement that 30 master trusts have or will exit the market, and industry experts calling for the watchdog to reveal the names of those master trusts.

The Pensions Regulator (TPR) has confirmed that 30 master trusts have or will exit the market, leaving 58 which will either need to apply for authorisation or exit in the coming months.

Just under half of respondents to this week's Pensions Buzz argued the master trust market would operate more efficiently if there were fewer participants, without damaging competition.

Pensions minister Guy Opperman says the new master trust regulations are vital to protect the pensions saving revolution of auto-enrolment.