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This is an important conversation for anyone involved with a workplace DC pension scheme. The government has proposed some draft regulations which are due to come into effect on 5 October 2021. These are likely to force those running workplace trust-based DC schemes to transfer those schemes to a master trust.
In this short, one-to-one conversation, pensions partner Stephen Richards speaks with Ross Trustees (Director) Jo Myerson on the important changes for pension schemes and the steps and tips to consider to ensure a smooth transfer process. This is something those running a workplace defined contribution scheme should listen to.