-
Robust governance and trustee succession solution
Your scheme will be managed by professional trustees and other service professionals, taking away the day to day hassle of managing this obligation.
-
Outsourced investment management
Your scheme will have access to a diversified range of assets across private and public markets with ESG considerations embedded throughout. We use a holistic approach to portfolio management. With a common trustee, investment adviser and asset manager, together with well-defined delegations, our efficient investment governance model will help you navigate through volatile markets and meet your long term objectives.
-
Control cash funding cost through efficient investments
We can offer access to a range of investment solutions that are often beyond the reach of small and medium sized schemes. Coupled with a funding approach that reflects these underlying investments, it is possible to improve control of cash funding costs.
-
Reduced running expenses
We pass on synergies and economies of scale to the end client in the form of low fixed running costs.
-
Efficient path to buyout
Through our size and relationships with insurers and broader network, we are able to offer sections a more competitive and smoother buyout process which can reasonably be expected to deliver accelerated risk transfer at a lower cost.
-
Enhanced member experience
Provides members with an award winning pension administration service from XPS, including online servicing. In addition, free financial education from abrdn financial planning is offered to all members.
DB master trusts – are they the solution for you?
A DB master trust is a multi employer defined benefit pension scheme for non-associated employers.
It is a pension scheme model that enables schemes to pool together to benefit from economies of scale, whilst ring-fencing their assets and liabilities to avoid cross-subsidies with other schemes.
Hear our thoughts on the key drivers for the anticipated growth of DB master trusts. How can they give comfort to pass on the future running of your DB pension scheme and deliver cost and risk savings for the business?
Our partnership approach
"As abrdn continues to focus on delivering solutions for clients, I am delighted that we have launched a UK defined benefit master trust in conjunction with XPS Pensions Group. The abrdn pensions master trust has been designed with XPS Pensions Group to harness the relevant expertise of both firms and offer a solution that provides a professional governance model, high-quality pensions consultancy and administration services, material expense savings through economies of scale and access to a broad range of abrdn’s relevant investment strategies."
Stephen Bird, CEO abrdn plc
“We are delighted to partner with abrdn in the development of an exciting new defined benefit master trust. This new solution should really help bring governance and efficiency improvements to the benefit of thousands of pension scheme members. We have worked hard with abrdn to develop integrated funding and investment solutions that pass on the combined benefit of their investment management expertise and our investment, actuarial and administration expertise. This master trust truly brings the benefits of a £1billion plus pension scheme to much smaller schemes and gives peace of mind to corporate sponsors allowing them to dedicate more time to running their business.”
Paul Cuff, Co-CEO, XPS Pensions Group
Our latest research
With DB consolidation taking off and gaining momentum in the UK pensions industry, we drill down into the differences between the way in which large and small DB schemes are run and in turn identify the key themes in relation to DB consolidation.
Challenges facing DB schemesarrow_forwardDB consolidation: which options are schemes considering? arrow_forward
Contact us
If you would like to discuss the circumstances of your pension scheme and how the abrdn pensions master trust can play a part in meeting your objectives, please contact us directly at DBmastertrust@abrdn.com or by calling Toby on +44 7515 083 465.
