Deloitte Pensions Master Plan Bookmark has been added
Deloitte Pensions Master Plan
The Deloitte Pensions Master Plan offers a comprehensive solution to defined benefit pension provision for employers and trustees.
Deloitte Pensions Master Plan – part of Pension Reinvention
The Deloitte Pensions Master Plan, Deloitte’s innovative proposition for clients with defined benefit pension schemes, has recently featured in Pension Reinvention – a news-style programme investigating the future of the pensions industry. Screened for the first time at the Pensions and Lifetime Savings Association (PLSA) Annual Conference & Exhibition in Liverpool, October 2016, the programme includes key industry interviews and news-style reports along with sponsored editorial profiles.
The Deloitte Pensions Master Plan is a new pension scheme designed to cater for the pension benefits for many unrelated employers.
Employers can transfer their existing schemes into the Deloitte Pensions Master Plan with each employer having their own, fully segregated, section.
Joining the Deloitte Pensions Master Plan has a number of key benefits:
- Lower costs – As a single trust with greater scale, the Deloitte Pensions Master Plan enables sections to benefit from economies of scale.
- Improved governance – An independent trustee runs the Deloitte Pensions Master Plan, providing an additional layer of oversight on the running of the scheme.
- High quality advice – Deloitte provides scheme actuarial and pensions administration services to the sections. Other existing service providers can remain unchanged.
- Retain control – The company and trustees remain in control. On transfer into the Master Plan, there are no changes to the key elements of the existing scheme, including: the trustee board, trustees’ powers, member benefits, the employer’s responsibilities and the scheme’s investments.