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Zurich to launch master trust
- By: Rachel Dalton
- 25 Oct 2012
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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).
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