PSA shifts to Financial Planning as it exits Master Trusts

Punter Southall Aspire, the Financial Planning and retirement savings business, is exiting the Master Trust pensions market to concentrate on Financial Planning.

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FCA apologises after being hit with TPR fine

The Financial Conduct Authority’s pension scheme has apologised after being hit with a £2,000 fine from The Pensions Regulator over governance shortcomings.

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TPR authorises the first new master trust  

HSBC Master Trust has become the first new master trust to be authorised by The Pensions Regulator which has so far focused on authorising existing schemes.

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TPR says 16m now covered by Master Trusts

The Pensions Regulator says 16 million pension pots are now ‘better protected’ after all the existing schemes have been authorised and moved to the new rules.

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