Master trust pension schemes

If you run a master trust you need to comply with duties set out in the Pension Schemes Act 2017. Some of these duties start immediately.

Check if your scheme is a master trust
The Pension Schemes Act 2017 introduces a definition of 'master trust'. You should assess whether your pension scheme meets this definition.
Supervision of master trusts
The ongoing duties for master trust pension schemes and how The Pensions Regulator will supervise these schemes.
Authorisation of new master trusts
From 1 October 2018, all new master trusts must apply for and obtain authorisation before they can operate.
List of authorised master trusts
A list of the pension schemes that have been granted master trust authorisation.

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