The Pensions Regulator issues a warning to schemes to check if they are master trusts

Trustees Agenda posted on 13 December, 2018

The regulator has advised pension trustees to check if their schemes fall under master trust legislation. Master trusts have a deadline of 31 March 2019 to either apply for authorisation or commence their exit from the market. Any master trust which fail to do this will be breaking the law. To assist trustees with this,the Regulator has published a guide for schemes to check if they are a master trust.