Standard Life unveils DC master trust pension for employers

The insurer said its new proposition, a bundled DC master trust, is suitable for employers who are either setting up a new DC scheme, consolidating existing unbundled DC scheme, or switching from an own trust DC arrangement. The new multi-employer scheme allows employers to choose the investment funds available to members and will be available in 2012 when auto-enrolment begins. "We have seen an increasing demand for a master trust solution," said Jamie Jenkins, head of corporate strategy and propositions at Standard Life. "Many employers are still keen on the benefits associated w...