Managing legacy Defined Benefits (DB) schemes can be expensive, time-consuming and something you could happily live without. In addition, deficits can cause turbulence on company balance sheets.
The solution is to consolidate your DB scheme in a Master Trust arrangement. This provides a significant economy of scale saving in running costs and allows access to award-winning investment strategies, allowing you to reduce your deficit and balance sheet volatility.
This is a complete service, combining professional trusteeship and governance with administration and investment services.
If you want to reduce costs and eliminate trustee responsibilities for your old pension schemes, please talk to us.