M&S sets up 'bundled mastertrust' to replace current trust-based DC

Jenna Towler
clock

Marks & Spencer is set to replace its current pension scheme with a ‘bundled mastertrust' called Your M&S Pension Savings Plan in preparation for 2012.

The retail giant used provider Legal & General and consultant Hymans Robertson to create the new kind of pension scheme into which all eligible employees will be auto-enrolled from next autumn. ...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

More on Defined Contribution

LCP says market volatility could affect master trust investment strategies

LCP says market volatility could affect master trust investment strategies

Firm says volatility could affect master trusts which allocate high levels of equity overseas

Jasmine Urquhart
clock 28 April 2025 • 2 min read
Webinar: Responsible pensions - Responding to what matters to UK savers

Webinar: Responsible pensions - Responding to what matters to UK savers

Join Jonathan Stapleton and Scottish Widows' Eva Cairns at 2pm on Wednesday, April 30th

Sarka Halas
clock 14 April 2025 • 1 min read
Partner Insight: Building a reliable income for life in decumulation for DC members

Partner Insight: Building a reliable income for life in decumulation for DC members

Philip Smith, DC Director of TPT Retirement Solutions
clock 04 March 2025 • 5 min read
Trustpilot