In previous Updates we have reported on the Pension Schemes Act 2017 which introduces a prohibition on operating a master trust scheme without authorisation from the Pensions Regulator. On 30 November 2017, the DWP published a consultation on draft regulations supplementing the detail of the master trust authorisation regime. The consultation closes on 12 January 2018. The draft regulations have a coming into force date of 1 October 2018.