SEI Master Trust

Transfer will see XPS provide full administration services to SEI Master Trust

Move follows review by SEI assessing against the ‘best of the rest’ in the industry

Pensions review delay, Waspi women denied compensation, Update on Virgin Media case

Collaboration aims to improve member outcomes

Smart Pension and SEI both raise concerns over chancellor’s plans and timelines

Transaction was first announced in July with completion subject to regulatory approvals

The combined master trust will have assets under management of £3.4bn

Latest research helps unpack the issues at the heart of low scheme member engagement

SEI confirmed it had bought the master trust from Capita in October