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.
Andy Flynn and Jonathan Hight-Warbuton have been appointed to Xafinity's National Pension Trust to strengthen its defined contribution (DC) team.
The intention of the government to increase the scrutiny of master trusts through fresh legislation has been championed by a number of industry players.
Paul Armitage has been made principal consultant at the National Pension Trust, Xafinity's fully flexible defined contribution (DC) master trust.