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Latest master trust news
Scale expectations must be grounded in reality, industry says
The government’s aim to create £25bn defined contribution “megafunds” needs more flexibility and to reflect how assets are invested and governed in practice, according to responses to its latest consultation.
PMI names 40 trainees for expanded trustee accelerator programme
The Pensions Management Institute is stepping up its efforts to increase the number of trustees working with defined contribution (DC) master trusts with an expanded Trustee Accelerator Programme.
Aon plots entry into CDC market after rulebook enacted
Collective DC could “revolutionise” the UK pension system, according to Aon’s Chintan Gandhi, as the consultancy prepares to launch an offering in 2028.
Buying British: Railpen, Nest, LGPS pools exploring UK ‘scale up’ fund
Leading investment institutions are in talks with the British Business Bank and the Office for Investment about the creation of a £1bn fund to drive investment into domestic companies seeking scale-up capital.
Now Pensions on social housing and private markets investing
Martyn James, director of investment at Now Pensions, explains how the £7.1bn master trust is allocating to affordable and social housing as part of its private markets strategy.
Latest DC comment
Prospect: Self-employed workers need more help to save for retirement
Steve Thomas, deputy general secretary of the trade union Prospect, says it is not enough just to encourage more saving among self-employed people – they need a sustainable, affordable way to do so.
Are AI tools fuelling an emerging pension complaints risk?
Generative AI can turn member dissatisfaction into a detailed complaint within minutes. Trustees should respond by strengthening the support provided before retirement decisions are made, writes Guiide’s Philip Hodges.
Can the Pensions Commission address systematically unequal outcomes?
The debate over automatic enrolment reform highlights the difficulty of improving retirement outcomes for low earners. As fresh analysis from the Pensions Policy Institute makes clear, even widely supported changes involve trade-offs.
ABI: Pension saving must keep pace with our changing society
Roberto Marrocco of the Association of British Insurers looks at the easy wins for the Pensions Commission and the harder questions it faces.
More master trust news
Scale and consolidation: Finessing the detail of the £25bn target
The government has sought to provide more clarity on elements of its scale and consolidation plans ahead of a full consultation next year.
Value for Money: A pragmatic delay, but with much work still to do
The Value for Money regime is on its way, but with the rulebook still in development, what does the pensions industry make of the government’s latest thinking on this crucial reform?
Appointments: Nest, Hymans Robertson, Aon, Quantum
The latest hires, promotions and appointments for the week ending 17 July 2026.
What the pensions industry wants from the Pensions Commission
Pensions Expert has collated a selection of views from senior representatives, each exploring what they would like to see from the final report when it is published next year.
Cushon: Meeting the adequacy challenge in a changing DC world
Accumulating a pension pot and choosing how to draw it down should not be treated as two distinctly separate issues, according to Cushon policy and research director Steve Watson.
Nest enters venture capital market with an eye on £1bn allocation
The £68bn master trust is seeking to formalise its four-year-old venture capital and growth equity investment strategy through an extension of its partnership with Schroders.
Appointments: New faces on trustee boards at Aon, Now Pensions
The latest hires, promotions and appointments for the week ending 3 July 2026.
People's Pension and PPF bosses among King’s Birthday Honours
PPF chair Kate Jones and People’s Partnership chief executive Patrick Heath-Lay have been awarded CBEs for services to the pensions sector in the King’s Birthday Honours list, announced this weekend.