Pensions - Articles - Thousands told their pension savings could be at risk

 They can safeguard their employees’ pensions by choosing a group personal pension schemes or a mastertrust run by an FCA regulated insurer. However, employers should be very wary of mastertrusts offered by firms not subject to regulation. If an unregulated mastertrust fails, potentially employees could lose all their pension savings. Employees saving in regulated master trusts and group personal pensions are protected by the Financial Services Compensation Scheme.”