Ensign master trust doubles membership with over 2,000 Stena Line members

Kim Kaveh
clock • 1 min read

Stena Line UK Group has chosen not-for-profit master trust Ensign to be its main defined contribution (DC) pension provider for the majority of its employees.

The shipping and maritime industry-wide master trust yesterday (15 October) transferred contributions from 2,200 active and deferred members of the Stena Line (UK) Pension Scheme. This doubled E...

To continue reading this article...

Join Professional Pensions

  • Unlimited access to real-time news, analysis and opinion from the industry
  • Receive our in-depth monthly magazine in either print or digital format
  • Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
  • Receive important and breaking news stories selected by the Editors in our daily newsletter
  • Hear from industry experts and other forward-thinking leaders
  • Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date

Join now

 

Already a Professional Pensions
member?

Login

More on Defined Contribution

Industry backs enrolling employees into schemes at maximum contribution levels

Industry backs enrolling employees into schemes at maximum contribution levels

PP poll finds 56% of respondents favour proposals in paper published by WTW

Martin Richmond
clock 08 May 2024 • 1 min read
Patrick Heath-Lay: Industry not doing enough to make transfers work for members

Patrick Heath-Lay: Industry not doing enough to make transfers work for members

Master trust CEO says VfM metrics should apply across all DC pensions

Patrick Heath-Lay:
clock 02 May 2024 • 4 min read
Industry says 'magnetically attached' pensions will address small pots issue

Industry says 'magnetically attached' pensions will address small pots issue

However, PP survey finds concern around implementation challenges

Jasmine Urquhart
clock 01 May 2024 • 2 min read
Trustpilot