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Moving to a Master Trust
In the last five years, there has been an enormous growth in master trusts. They now house over 10 million employees. Many employers have switched to take advantage of the cost saving and services they can provide. The Stephenson Harwood pensions law team has considerable experience advising clients on the legal route to master trust transfers, and has prepared this guide for those considering moving to a master trust.
The Master Trust setup
Master Trusts are occupational pension schemes set up for multiple employers and their employees. A summary of a typical Master Trust arrangement works as follows:
The Master Trust journey
Our product: The Master Trust Transfer Architect
© Stephenson Harwood LLP 2023. Information contained on this page is current as at the date of first publication and is for general information only. It is not intended to provide legal advice.