NOW:Pensions is a trust-based defined contribution workplace pension fund for non-associated employers, commonly referred to as a 'master trust'.
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Background
The Pensions Act 2008 established new duties which require employers to automatically enrol eligible workers into a workplace pension plan that meets certain minimum standards. NOW:Pensions was set up by ATP of Denmark for employers requiring a scheme to fulfil their duties under the Act.
Sponsorship
In April 2013 the fund announced its a four-year Principal Partnership with Great Britain and England men’s hockey.
References
NOW:Pensions Wikipedia(Text) CC BY-SA