In no more than 5 years, Master trusts have become the preferred and leading savings vehicle for DC pensions, driven by the Government’s Auto Enrolment legislation and their unique features. They have played their part in the huge success of Auto Enrolment. As we enter 2018 and the staging of companies draws to a close Master trusts face new challenges – regulatory authorisation, step up in minimum contributions, member engagement, operational excellence and the digital world.
Working with Pensions Age, ITM hosted a roundtable, made up of the leaders of the Industry’s Master trusts and invited them to share their insights into the response to these challenges and the way in which Master trusts will develop from here.