David Snowdon
OpinionHow will lifting the restrictions on Nest impact the mastertrust market?
During the past 10 years, the mastertrust market has been more than just a little irrational. Despite mastertrusts being as effective a defined contribution solution then as they are now, between 2007 and 2012, just a handful of commercial mastertrusts were actively marketed in the UK.
OpinionIs this the mastertrust’s time?
For years, the trust-based approach was the weapon of choice for consultants and actuaries advising employers and trustees on the move from defined benefit to defined contribution.