Here we provide a round up of recent news from The Pensions Regulator (TPR). Each item includes a link to the TPR News article for more detail.
TPR state that 16 million pension pots are now better protected thanks to the new requirement for master trusts pension schemes to be authorised. The new safeguards were introduced on 1 October 2018 and all existing schemes had to meet new standards or otherwise close. The final existing scheme has now been authorised. There are now 37 authorised master trusts, down from the 90 schemes that were available before the new rules were introduced.
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