From the blog: An unprecedented number of employers and trustees are looking at transfers of employees’ defined contribution pension benefits into master trusts.

Furthermore, employers are increasingly opting for a master trust solution for future pension provision as a way of reducing scheme governance costs. 

At the same time, we are also seeing trustees, in conjunction with their employers, either looking at master trusts as a way of managing their deferred DC population, or directing retiring members who wish to pursue drawdown outside the scheme towards master trusts.