Now Pensions

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' director of policy says this will be the year when the net-pay anomaly becomes too awkward to ignore, and predicts LISA will have its own lifetime curtailed

The government is set to review an anomaly which sees lower-paid workers in the majority of master trusts lose out on tax relief, it has confirmed.

The BT Pension Scheme (BTPS) has appointed Now Pensions founder Morten Nilsson as chief executive of its investment management and advisory arm.

Industry heavyweights have urged chancellor Philip Hammond to take action on the net pay pensions tax relief anomaly which affects lower-paid earners.

Hymans Robertson has unveiled research analysing investment performance across the 16 largest master trust default funds. Kim Kaveh explores the data.

Initial responses to The Pensions Regulator's (TPR) consultation on how master trusts will be supervised says it lacks detail on some of its policy proposals, including pause orders.

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