NOW: Pensions is authorised and regulated as a master trust pension scheme by The Pensions Regulator. The aim of authorisation is to increase the quality of master trust providers in the UK – leading to better protection for you and your pension savings.
We employ a specialist company known as a custodian, which is responsible for guarding and protecting your money. It holds the money in a ring-fenced account on behalf of the NOW: Pensions Trustee. Our custodian is BNY Mellon, one of the world’s largest custodians with a high credit rating. This ensures your pension savings can’t be accessed or used improperly.