Pensions - Articles - Comment on The Pensions Regulator corporate discussion paper

Kate Smith, Head of Pensions, comments on the Pensions Regulator’s corporate strategy discussion paper.

 “We welcome the Pension Regulator’s corporate strategy discussion paper, and look forward to taking part in discussions. The pensions market is evolving faster than ever and it’s important that savers’ financial well-being is put at the heart of this and how schemes are regulated.

 Both the Government and Pensions Regulator is pushing smaller schemes to consolidate to help improve member outcomes by giving them access to lower charges, greater investment choices, innovative ways of engaging with members and better value of money. It’s clear that master trusts will have a valuable role in helping people to save now and into the future.

 Fewer larger pension schemes will make it easier for the Pensions Regulator to keep closer to pension schemes as they become increasingly important to the UK in helping to generate better financial futures.” 

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