Recommending a master trust for auto-enrolment clients shouldn't trigger alarm bells, writes Peter Walker. They are the logical solution to the 'capacity crunch' faced by SMEs
Last month, master trusts came under a media attack. Critics asked if the newer, smaller trusts that have been set up in response to new government workforce pension regulations were actually up to the job. This has lead to confusion and added another level of complexity around auto- enrolment decisions, not least amongst the 1.8m small businesses that are set to reach their staging date over the next 18 months. In fact, this year 30 times the number of firms that staged in 2015 will be taking their first tentative steps in the pension world. So up until recently, the biggest i...
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