CMS Pensions Briefing: DC and Master Trusts

Welcome to our regular briefing on topical issues facing defined contribution (DC) pension arrangements, including DC Master Trusts.

In this briefing we take a look at the rapidly developing legal framework for pensions dashboards and provide a view on what trustees need to start thinking about now.

We also consider how the conditions for transfers introduced around this time last year have been playing out in practice. Unfortunately pension scams are still a significant threat so we’ve provided an update on what the relevant authorities have been doing to raise awareness and how trustees can help to get the messages across to members.

ESG, climate change and stewardship remain high on the agenda for government and industry so we consider how the legal requirements and guidance are evolving.

In our focus on master trusts, we comment on recent changes to the requirements around employer-related investments.

Lastly, we look back on 10 years of auto-enrolment and what the statistics can tell us about its success to date.