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What is a Master Trust?

A Master Trust is a multi-employer occupational scheme where each employer has its own division within the master arrangement. There is one legal trust and therefore one trustee board The Trustee retains decision making independence for each division on things such as investment and service providers under a trust wide governance structure.

Master Trusts offer employers the benefit of a governance function but with generally low operating costs and greater simplicity and expediency than a single employer scheme.

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