What is a Master Trust?
A master trust is an overarching trust with a number of separate “sections” which relate to different employers. Each section is economically separate (also referred to as being “ring-fenced”), so there is no cross-subsidy between sections. However, each section benefits from sharing overheads and from economies of scale. Master Trusts can be set up to provide defined benefit and/or defined contribution pension benefits.
LawDeb Pension Trustees is happy to act as a trustee for existing or for new master trusts.