Partner Jacqui Reid was one of the participants at a recent roundtable hosted by Corporate Adviser which focused on the areas likely to cause friction in the emerging secondary master trust market. These included exorbitant value for money assessment costs, an excessive focus on charges and conflicts of interest for trustees.  Participants agreed that basic standardisation of the process around master trust to master trust transfers is essential if the government’s VFM agenda is to deliver good member outcomes.

You can read Jacqui’s comments in full below:

Improving the secondary master trust market roundtable: Primary steps – Corporate Adviser (corporate-adviser.com)

Improving the secondary master trust market roundtable: Removing barriers to competition – Corporate Adviser (corporate-adviser.com)