Paul Bannister

Punter Southall Aspire has announced it is withdrawing from the master trust market.

Evolve Pensions has wound up its BlueSky master trust and moved members to its other provider, Crystal, PP can reveal.

Evolve Pensions' Crystal Trust has absorbed the 2,500-member Moore Stephens Pensions Master Trust following the merger between Moore Stephens and accountancy business BDO in February.

The £50m Crystal Trust has welcomed 35,000 members from The Open Pension Trust, absorbing £33m of members' assets.

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