STM Group has revealed it will target UK-based SIPP operators and workplace maters trusts as its latest results showed profits remained stable at £4m.

Nigel Waterson, chair of the trustees at Now Pensions, has today announced that he is standing down after more than seven years in the role.

The Pensions Regulator (TPR) has authorised the first master trust as part of new laws to implement tougher standards in the market.

The Pensions Regulator (TPR) has warned pension scheme trustees to check if they fall under master trust legislation to avoid falling foul of the law.