Pensions - Articles - DC investors need to be confident in master trusts

Following the publication of TPR’s blog on master trust authorisation extensions, Andy Parker, Associate at Barnett Waddingham, believes DC investors need to be confident in master trusts.

 Asking for extensions seems to be a popular past-time at present! But, on a more serious note, authorisation submissions are exceedingly complex and evidently need much care and attention. If that means some master trusts need more time, then so be it – rather a successful submission than a master trust failing on a technicality due to a rushed response.

 Spreading out the submissions will surely give TPR an even better chance to turn the applications around, with the patiently waiting market ready to start work on a new round of DC design and delivery. We need DC investors to be confident in master trusts, although we would prefer not to have to wait longer to know who will and who will not be authorised.

 Having a broad, competitive master trust market in the medium to long term is of greater importance though than a short term delay in having all the answers.

Back to Index

Similar News to this Story

Sackers launch guide for trustees on pension transcations
Sackers have published its latest guide for trustees on buy-ins, buy-outs and longevity transactions. This guide is focused on supporting pension sche
Pensions Minister echoes climate warnings in Westminster
MPs from across the House of Commons have debated climate change and pensions. Pensions Minister Guy Opperman responded. Earlier he spoke of ‘kickstar
New tools allow pension schemes to deliver greater value
New tools helping pension schemes deliver greater value for money for millions of savers have been launched today (21 May) by the Cost Transparency In

Site Search

Exact   Any  

Latest Actuarial Jobs

Actuarial Login

 Jobseeker    Client
Reminder Logon

APA Sponsors

Actuarial Jobs & News Feeds

Jobs RSS News RSS


Be the first to contribute to our definitive actuarial reference forum. Built by actuaries for actuaries.