Zurich has today launched a master trust aimed at larger employers, with Pitmans Trustees appointed as the trustee of the new master trust.

Employees saving into a workplace pension through Zurich’s master trust will be able to access its full range of insured funds including blended and white-labelled funds. According to Zurich, the fund range, including the default fund, will be specified taking into account the needs of the employer and guidance, where provided, from the employer's adviser.

Zurich’s head of corporate life and pensions business in the UK Simon Foster said: “We are excited to be launching a master trust proposition offering employers value for money, flexibility of investment choices and the ability to tailor governance arrangements to meet employer and employee needs.

“Through the involvement of a truly independent trustee, employers and members can also be confident that the governance of the scheme will be overseen wholly separately from Zurich.”

PTL client director Kim Nash said: “We are proud to be selected as the independent trustee on Zurich's new master trust and to bring our experience and knowledge to the table. Our brief is to oversee the management of the trust and act independently of Zurich, on behalf of the members of the master trust.”

Share Story: