Master trusts: prepare for future scale requirements now

What This Means for Pension Schemes

TPR press releases signal regulatory priorities and enforcement activity. Trustees and scheme administrators should review this release for relevance to their own scheme governance, funding, and compliance obligations.

The direction of travel on scale requirements is clear — TPR expects master trusts to build the infrastructure now, ahead of formal thresholds being set. Trusts that wait for legislation risk being caught in a scramble to comply. Investment in administration technology and data quality today is the foundation of scale compliance tomorrow.