Towers Watson has appointed Sharmila Nebhrajani and Russell Picot to act as trustees on its Life Sight master trust.
The industry has called for further clarity from the European Commission (EC) on the meaning of cross-border activity in the revised Institutions for Occupational Retirement Provision Directive (IORP II).
UK pension funds' allocations to home grown equities has more than halved since 1998 according to Towers Watson's Global Pension Assets Study.
Helen Morrissey says master trust due diligence difficulties must not be ignored
PP asks who will offer drawdown from April, and how will it work?
PP looks at research that predicts four in ten DC members will be in a master trust by 2024
Top stories on PP this week include a High Court ruling on overpayments, a consultation on defined benefit (DB) transfers and the unveiling of 44 guidance guarantee centres. Here's what you might have missed.
Towers Watson is the latest firm to enter the UK defined contribution (DC) master trust market, with a scheme aimed at large employers.
PP examines how schemes can seek redress for poor advice
The pension industry has warned that the European pension regulator's proposed Holistic Balance Sheet (HBS) would have a detrimental impact on UK schemes.