DC Master Trust League Table 2024 ~ H2 We are pleased to share the latest Go Pensions’ DC Master Trust league table. Featuring key metrics from the ‘commercial’ master trusts, this latest update reflects the position at the 2024 half-year point. This table includes the master trusts that are available, in principle, to all employers…
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This is the second part of our article on pensions dashboards where we provide more information on how to get dashboard ready. The first part article can be found here Trustees and Pension Managers: Are you dashboard ready and what does that mean?. Decide how to connect The Department for Work and Pensions (‘DWP’) recently…
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Pensions dashboards are digital on-line services where users will be able to see their pension information in one place on their smart phone, tablet or desktop browser.
Pensions dashboards will allow individuals to see information on all the pensions they have built up together in one secure place. It will include all their private pensions (workplace and personal), any public sector pensions and information on their state pension. It will not, however, show pensions already being paid.
The DC Master Trust Market: A Year In Review It’s been an eventful year in the DC Master Trust market. The commercial master trusts saw an increase in assets under management of over 15% during 2022 (almost £20bn). Master Trust to Master Trust consolidation has continued (the latest acquisitions announced on 14th and 17th July:…
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Fear of moving pensions administration to another third party administrator (TPA) is enough to put anyone off carrying out a market review in the first place. This can happen even when there is evidence of poor service from an incumbent administrator.
Insight and tips on how to alleviate the pain of moving administrator.
We have some exciting projects in the pipeline for 2022. Come join our team …
With the Government set on consolidation, it looks like it is only a matter of time before requirements are strengthened even further. Particularly, if too many DC schemes are seen to pass the VFM test.
On 12th November, The Pensions Regulator issued guidance for Trustees of all Defined Benefit schemes aimed at highlighting how to spot signs of corporate distress. The guidance goes on to offer practical advice on the action Trustees should take to protect the pension scheme if the signs materialise. The full guidance is available here. In…
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This article considers the developments in tPR guidance for DB schemes looking to transact with a superfund. It also looks at the alternative consolidation options available for smaller DB schemes looking to make efficiencies.
In this article we look at the draft requirements for Defined Contribution (DC) schemes with assets under £100 million and why you should act now if you are thinking about the move to a master trust.
