Societe Generale moves DC fund to Aegon Master Trust

Societe Generale plans to move its in-house trust-based scheme to the Aegon Master Trust

Holly Roach
clock • 2 min read
It includes the bulk transfer of around £385m of existing pension assets
Image:

It includes the bulk transfer of around £385m of existing pension assets

The Aegon Master Trust has been selected by Societe Generale as the new home for its existing in-house trust-based scheme, following the provision going live for new service last year.

The bulk transfer of around £385m of existing pension assets from the trust-based scheme was undertaken in a series of three tranches over a two-week period. The transition was overseen by Isio ...

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

Government announces small pensions pot consolidator

Government announces small pensions pot consolidator

Pension Schemes Bill measure will reduce admin costs and boost pots

Jonathan Stapleton
clock 24 April 2025 • 2 min read
Mansion House Compact II draft circulated after 'tense' negotiations

Mansion House Compact II draft circulated after 'tense' negotiations

Reports say Rachel Reeves is closing in on a £50bn deal with pension funds to ‘buy British’

Jonathan Stapleton
clock 22 April 2025 • 2 min read
Aon urges DC members to 'stay calm' amid increased market volatility

Aon urges DC members to 'stay calm' amid increased market volatility

Firm warns savers to be ‘on their guard’ against risk of scams during tariff-induced turmoil

Martin Richmond
clock 14 April 2025 • 2 min read
Trustpilot