PSIT appointed to new Moore Stephens Master Trust

Topic:

PSGS news

Date published:

Tuesday, 15 September 2015

PS Independent Trustees (PSIT) has been appointed trustee and Chair to a new Master Trust arrangement established by leading accounting firm Moore Stephens. Moore Stephens is the UK’s ninth largest independent accounting and consulting network, comprising over 1,700 partners and staff in 39 locations.

The Moore Stephens Pensions Master Trust is a multi-employer occupational pension scheme on a defined contribution (DC) basis. Designed to help employers provide a simple, qualifying workplace pension scheme that meets all the requirements of the new auto enrolment pension regime, it also provides flexibility and choice for employees.

Commenting on the appointment, said: “Employers using Moore Stephens’ new Master Trust will benefit from independent oversight and fresh thinking from the experienced team at PSIT. Our appointment as trustee and Chair ensures the Master Trust will meet the Regulator’s governance requirements, but our expertise in DC pensions will provide employers and members with the confidence that their scheme is well managed.

We are pleased to be working with Moore Stephens on this exciting opportunity and look forward to using our DC knowledge and experience as independent trustees to work in members’ best interests and ensure strong governance and value for money.”

Stuart Stroud, Director of Employee Benefits at Moore Stephens, commented: “We selected PS Independent Trustees to act as professional trustee to our new Master Trust based on their expertise and enthusiasm for the project. PSIT offered us a cost-effective and pragmatic solution to meet the regulatory requirements and we are looking forward to working with them.”

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