The recent raft of additional governance requirements and their associated cost of compliance, not to mention the remediation powers within the Pension Regulator’s armoury, means that many companies are reconsidering how best to deliver their legacy defined benefit pension promise.
Cue the re-emergence of the defined benefit (DB) master trust as an optimal solution for many sponsors. A defined benefit pension master trust is a multi-employer pension scheme for unconnected employers.
To read the full report, download here.
