Salvus Master Trust has today announced that it has been selected as the replacement default scheme for the Ascot Lloyd Pension Trust.
This master trust which was set up in 2010 exited the market last year. Ascot Lloyd said it undertook a full review to determine the provider that could offer a strong range of investment choices balanced with good value for money.
Troy Clutterbuck, managing director at Cushon, which owns Salvus Master Trust says: “We are delighted to be working with Ascot Lloyd Pension Trust and very much look forward to working with the team to achieve a smooth transfer and ensuring their clients receive a high-quality ongoing service.”
Ascot Lloyd head of corporate pensions Mark Pattison adds: “The Salvus Master Trust is the natural fit for members and participating employers of the Ascot Lloyd Master Trust. We share lots of synergies but ultimately this is all about positive experiences for employers and good member outcomes”.