All Master trusts articles
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News
Bad app experiences could hit VfM assessments, research warns
With customer service set to form a major part of Value for Money assessments, new research shows that there is still much for DC providers to do to improve their digital interfaces.
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News
DC providers scale back exposure as tariffs bring ‘end to US exceptionalism’
Defined contribution master trusts have cut exposures to US equities this year as the effects of trade tariffs have reverberated through stock markets.
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News
LifeSight adds £450m renewables investment to default strategy
WTW’s defined contribution master trust has allocated to the Schroders Greencoat Global Renewables+ long-term asset fund.
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News
SEI completes administration switch to XPS for master trust members
All 207,000 members of the £4bn SEI Master Trust have been transferred to its new administration provider.
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People News
Ex-Royal Mail pension boss joins SEI master trust
Chris Hogg was most recently chief executive at the National Grid UK Pension Scheme, where he oversaw significant governance changes and a derisking programme.
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Features
Case study: First Bus bypasses master trusts for a bespoke DC route
First Bus’ defined contribution (DC) pension scheme has opted not to consolidate into a master trust so far. Head of pensions Muntazir Hadadi explains why, with contributions from the scheme’s lawyer and members.
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News
Smart targets £10bn by next year as Mody takes over as chair
Raj Mody will succeed Andy Cheseldine as chair of Smart Pension’s master trust board on 1 September.
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News
Own-trust DC schemes ‘have the edge’ over master trusts, research shows
Barnett Waddingham research shows that employers with larger DC schemes are not always choosing to consolidate into master trusts, with single-employer approaches winning on factors such as member engagement.
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News
How employers plan to change their DC pension provision
The anticipated overhaul of DC pension schemes through the Pension Schemes Bill could see a majority of employers make changes to their provision, research indicates.
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News
NatWest Cushon hires three to investment team as it eyes ‘rapid growth’
The £3bn master trust provider has hired three senior staff to its investment team as it aims to grow its business in line with the government’s ‘megafunds’ plan.
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News
Smart Pension targets £4bn in private markets by 2030
The master trust intends to allocate to private equity, venture capital, renewable energy and technology across multiple industries as it aligns itself with the Mansion House Accord.
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News
Master trusts increasingly ‘testing the water’ with private markets allocations
LCP research shows master trusts are in step with the government’s drive to invest more in ‘productive finance’ such as private equity and infrastructure.
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News
How pension schemes have reassured members through the ‘taper tantrum’
Equity markets have endured significant volatility over the past two weeks since the US introduced international trade tariffs on most of its trading partners. Jon Yarker looks at how pension schemes have reacted and helped their members understand the situation.
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News
TPR could reduce master trust capital reserves amid drive to cut regulatory burden
Most master trusts are profitable and less likely to fail than they were when the regulatory regime was established in 2019, according to the regulator’s chief executive.
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News
Master trusts questioned over service quality and ‘robustness’
A new report has questioned whether defined contribution master trusts have the capacity and service quality to deal with system shocks, as the government looks for providers to boost their scale.
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News
‘Strategically significant’ pension funds to come under TPR’s spotlight
TPR’s chief executive has set out the regulator’s priorities for 2025 and appealed for “ideas and solutions” from the industry.
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Opinion
Competing agendas: Does the pensions industry need a rethink?
How can the pensions industry improve how it manages and avoids conflicts of interest? Darren Philp, co-host of the V-FM Podcast, scrutinises master trusts and professional trustees to pose some important questions.
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News
Nest buys stake in infrastructure manager IFM Investors
The master trust has bought a 10% stake in Australian infrastructure manager IFM Investors as part of a partnership arrangement to ramp up its private markets allocation.
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News
People’s Pension launches in-house investment unit
DC master trust The People’s Pension has established an in-house investment unit under the leadership of chief investment officer Dan Mikulskis, as it prepares for significant asset growth over the next five years.
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News
L&G Mastertrust hits £30bn as DC provision swells
The master trust is the first commercial vehicle to have reached this size, as the government pushes for DC scheme consolidation.