The Pensions Regulator announces removal of NOW: Pensions from master trust assurance list
It was announced during the week that NOW: Pensions has been removed, at their own request, from the master trust assurance list with The Pensions Regulator as there have been issues identified with the governance and administration of the scheme.
As outlined in the link below from The Pensions Regulator:
“There is no suggestion that the assets of members are at risk as a result of the scheme coming off the list, or that employers whose workplace pensions are in place with NOW: Pensions are not complying with their automatic enrolment duties.”
If you would like to discuss this matter further please contact Val Buzzard on 01295 270200.