Troy Clutterbuck

Salvus Master Trust has launched a product that will accept cash equivalent transfer values (CETVs) from a final salary scheme granted as part of a Pension Sharing Order (PSO).

Now Pensions chief executive (CEO) Troy Clutterbuck has stepped down from the role with immediate effect.

Troy Clutterbuck says action must be taken by all involved to ensure that the £400m - and growing - of unclaimed pension savings are not lost entirely

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.

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

Last week's top stories included ITM completing a management buyout backed by private equity, and the regulator publishing its corporate plan for the next three years.

Now Pensions has appointed Troy Clutterbuck as chief executive officer (CEO) effective today, after he took on the role of interim CEO in August last year.

Average opt-out rates for 22- to 29-year old female members were 5% in December compared to 3% for men - a trend that accelerates across older groups, according to Now Pensions analysis conducted exclusively for PP.

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.