Master trust intends to appoint one or more fund managers to help members invest
Deal secures the benefits of around 1,800 retirees and deferred scheme members
TV presenter and broadcaster Timmy Mallett is this year’s campaign ambassador
Follows de-risking transactions with five pension schemes in the first half of 2023
Broadstone finds lack of saver awareness over the performance of their pension investments
TPR feedback, expansion of AE provision, pass-through voting, ESG investment
Will allow schemes to see many of the benefits of consolidation without joining a master trust
Transaction range from £600,000 to £2m and secure benefits for small number of members
The mandate covers five of Kier Group’s schemes which total £1.2bn in assets
Union members striking after being offered just 3% pay rise