Are pension master trusts the solution to achieving goals?

Many companies are reconsidering how best to deliver their legacy defined benefit (DB) pension promises. Cue the re-emergence of the DB master trust as an optimal solution for many sponsors, says abrdn. A DB pension master trust is a multi-employer pension scheme for unconnected employers and they pass on the benefits from the economies of scale they bring to all stakeholders of DB pension schemes. These include cost savings, governance improvements and an opportunity to increase member benefit security and much more.