Pensions - Articles - Scottish Widows Master Trust approved by TPR

 Jeff Sayers, Scottish Widows’ Managing Director of Pensions & Investments, and Chair of the SWMT Strategist Committee, said: “As auto-enrolment continues to have a positive impact on the nation’s saving, we are delighted to offer employers and employees the benefits of an authorised master trust. This sits alongside a full range of choices for workplace and individual customer needs, as they look to save for their financial future and retirement. Scottish Widows will continue to evolve our proposition, and work even harder towards delivering good outcomes for our members.”

 Kim Nash, Chair of Scottish Widows’ Master Trust, said: “Authorisation of the master trust market is a welcome step in raising governance standards across the market to secure better member outcomes."