The National Pension Trust, part of XPS Pensions Group, has been granted master trust authorisation.

The PFS has called for a “wider united campaign to protect the public from the scourge of scammers.”

The FCA and The Pensions Regulator (TPR) are joining forces again this summer to warn the public about fraudsters targeting people’s retirement savings - as they revealed up to five million were at risk from scammers. 

The Pensions Regulator has called for small pension schemes to quit the market after new research findings.