While most employers recognise the benefits of a trust-based approach to DC provision, many would prefer not to have to manage the burden of trusteeship themselves.
The Mercer DC Master Trust is a multi-employer pension plan in a single umbrella structure that helps reduce the risks and remove the burden of trusteeship.
By delegating fiduciary oversight to independent dedicated professionals the Mercer DC Master Trust allows employers to offer a DC pension plan with a recognised high standard of governance and communications while benefiting from a high quality investment framework.
The Irish Association of Pension Funds (IAPF) has approved the Mercer Master Trust as qualifying for the Pensions Quality Standard (PQS) on the basis of its governance and communications standards. This means individual plans within the Master Trust will need only to demonstrate that they meet the contribution standard to be awarded the PQS themselves.
Read our PQS Award press release here.