Nigel Waterson

Nine trustees have now been given the stamp of approval by the Pensions Management Institute (PMI) under its professional trustee accreditation regime.

The Pensions Regulator (TPR) has granted Now Pensions a six-week extension for its master trust authorisation application after the 31 March deadline, PP can reveal.

Cardano Group has agreed to acquire 100% of workplace pension provider Now Pensions with just over six weeks to go until the master trust authorisation deadline.

Now Pensions has overhauled its administration system after historic issues caused a failure in collecting and investing around 265,000 members' contributions.

Now Pensions has made "huge progress" in resolving legacy administration issues - switching systems and completing unit adjustment for a "large proportion" of members, it says.

The trustee of master trust Now Pensions has been fined and given a set of stringent deadlines to fix long-running pension scheme issues, The Pensions Regulator (TPR) announced today.

Now Pensions has appointed Dalriada Trustees to its trustee board in order to resolve historic data issues, while Joanne Segars will also join later this year.

Now Pensions has appointed Troy Clutterbuck as interim chief executive replacing Morten Nilsson from today.

Industry groups must speak with one voice to get politicians’ attention

Former shadow pensions minister Nigel Waterson has some words of advice