TPT Retirement Solutions

Schemes may have had a trustee board structure in place for 50 years, but is it really ticking all the governance boxes in the current – and increasingly onerous – regulatory environment, asks Karen Parry.

Metropolitan Thames Valley Housing (MTVH) is planning to set up a defined contribution (DC) pension arrangement to provide future benefits for current employees and new joiners through auto-enrolment (AE).

This week's top stories included Legal & General acquiring MyFutureNow to provide a dashboard service to customers, while also agreeing a hybrid buy-in with a Hitachi scheme.

Medicash has transferred its defined benefit (DB) scheme to TPT Retirement Solutions' DB Complete master trust, improving the security of member's benefits.

Four more master trusts have received master trust authorisation from The Pensions Regulator (TPR), taking the total number of authorised schemes to 10.

The Pension Superfund has told Arcadia's pension scheme trustees that it stands by to "assist the scheme trustees to deliver members into a safe harbour" after the company's rescue deal was approved.

Coventry Building Society has transferred its £220m defined benefit (DB) scheme to TPT Retirement Solutions' DB master trust.

This week's top stories included TPT Retirement Solutions consolidating the £30m Hinckley and Rugby Building Society's defined benefit scheme, and Guy Opperman becoming the second-longest serving pensions minister.

TPT Retirement Solutions has transferred members from the £30m Hinckley & Rugby Building Society's defined benefit (DB) pension scheme.

TPT Retirement Solutions has submitted its master trust authorisation application to The Pensions Regulator (TPR), joining 11 other master trusts who are awaiting a response.