Articles - New law comes in to protect pension savers in master trusts


A new law came into force on 1 October to drive up standards in master trust pension schemes used by millions to save for retirement. Every new and existing master trust will now have to apply to The Pensions Regulator (TPR) for authorisation to show they meet the tough new standards. Nicola Parish, TPR's Executive Director of Frontline Regulation, talks about the changes.

 

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