Government papers: Draft Occupational Pension Schemes (Master Trusts) Regulations 2018
The aims of the master trust scheme authorisation and supervision regime are that:
- members of master trust schemes have equivalent protections to members in other types of pension schemes
- the risks specific to master trust scheme structures including the size and scope of schemes, lack of employer engagement, diverse business models and other factors that influence their financial resilience and viability, are proportionately and proactively regulated
- there is an appropriate balance between preventing risks occurring and giving The Pensions Regulator powers to intervene when necessary.
The consultation closes at 5pm on 12 January 2018. Responses can be emailed to [email protected].