Pensions - Articles - NPT welcome tPR update of high quality master trusts


The National Pension Trust welcomes The Pensions Regulator’s decision to update its central list of master trusts that have obtained Master Trust Assurance Framework (MAF), and notes that the National Pension Trust has now been added to the list.

 Commenting on the developments, Ken Anderson, Head of DC Solutions at Xafinity noted: “The Regulator’s list of high quality master trusts is key to safeguarding employers and members. Now that it has been updated, the Regulator’s list clearly identifies those master trusts that comply with the MAF. It is therefore now straightforward for Employers to identify those master trusts that do not adhere to the strict controls.
 
 Like all master trusts on the Regulator’s list, the National Pension Trust is highly governed. Unlike the majority of master trusts, however, the National Pension Trust does not limit or restrict members’ retirement options – the National Pension Trust helps members to access the full range of pension flexibilities that were introduced in April 2015.” 

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