Zurich is the latest provider to announce plans to enter the master trust market for auto-enrolment.
The insurer will compete with a stream of master trusts from Standard Life, BlackRock, The Pensions Trust, B&CE, National Employment Savings Trust, NOW and Goddard Perry, all of which launched in the past 18 months.
Zurich head of corporate wealth proposition Dave Lowe confirmed the insurer is working on a master trust offering but did not reveal a launch date.
He said Zurich is currently focusing on the 50 pension clients it has on its platform for auto-enrolment this year, but will intensify its operations next year, coinciding with the busiest period of the auto-enrolment roll-out between March and July 2013 (PP Online 5 September).
Sign up to the free weekly newsletter from the editorial team at Workplace Savings & Benefits.Newsletter sign up
Workplace Savings and Benefits is pleased to present its Healthcare Select event taking place on Thursday 23rd May.
WSB has launched the Workplace Savings and Benefits Awards 2013 - the only award event to recognise both employer and provider excellence.
The World Economic Forum’s Global Risks 2013 report is developed from an annual survey of over 1,000 experts from industry, government, academia and civil society who were asked to review a landscape of 50 global risks.
Aviva has successfully supported employers through staging and implementation of auto-enrolment. Thankfully, none have needed the thornbush, and none have come close to the cliffs, but all have struggled at times with the enforced downhill speed toward their staging date. So what have we learned so far?