Defined contribution schemes

Employers can create their own investment strategies, with a choice of funds.

Employers and trustees of defined contribution (DC) schemes have common challenges:

Oversight.

As more companies set up DC schemes to help their employees save for retirement and meet regulatory requirements such as auto enrolment, they’re faced with decisions about the level of support and oversight they should provide.

Lack of time and resources.

Many companies want to provide strong oversight and governance, but the regulatory pressures and increased responsibility this entails make it difficult to recruit and retain trustees with the required level of knowledge, commitment and expertise. This has resulted in a trend to outsource responsibility to employees via contract-based DC solutions such as stakeholder plans, which provide minimal guidance for members. In some cases, this trend has led to confusion and inappropriate employee retirement-planning decisions.

Choice.

Employers want their own investment strategy and scheme-specific design options. But they also want to enjoy the economies of scale that result from the pooling of members’ assets from multiple schemes, while spreading legal, administrative and accounting costs.

Neither contract-based (such as stakeholder plans) nor trust-based DC schemes can fully address these challenges. But we can.

Our Master Trust solution brings significant value to DC scheme sponsors:

• Third-party investments and administration, with independent trustee oversight
• The ability to incorporate your operating processes and legacy DC funds
• Employers can create their own investment strategy
• Employees have a choice of funds and leverage our global experience in target date strategies
• Employees get the oversight and assistance they need to help them make better retirement-planning decisions

Important information

This is a Marketing Communication. This webpage has been created in relation to the SEI Master Trust, an occupational pension scheme which is authorised by the Pensions Regulator. The trustee of the SEI Master Trust is SEI Trustees Limited. SEI Trustees Limited has appointed SEI Investments (Europe) Ltd (“SIEL”) as investment adviser to the SEI Master Trust and pursuant to its investment advisory agreement. This information is issued and approved by SEI Investments (Europe) Ltd (“SIEL”) 1st Floor, Alphabeta, 14-18 Finsbury Square, London EC2A 1BR. This advert and its contents are directed at persons who have been categorised by SIEL as a Professional Client and is not for further distribution. SIEL is authorised and regulated by the Financial Conduct Authority. While considerable care has been taken to ensure the information contained within this webpage is accurate and up-to-date and complies with relevant legislation and regulations, no warranty is given and no representation is made as to the accuracy or completeness of any information and no liability is accepted for any errors or omissions in such information or any action taken on the basis of this information. The information in this webpage is for general information purposes only and does not constitute investment advice. You should read all the investment information and details on the funds before making investment choices. Please refer to our latest Prospectus (which includes information in relation to the use of derivatives and the risks associated with the use of derivative instruments), Key Investor Information Document, Summary of UCITS Shareholder rights (which includes a summary of the rights that shareholders of our funds have) and the latest Annual or Semi-Annual Reports for more information on our funds, which can be located at Fund Documents (https://seic.com/en-gb/fund-documents). And you should read the terms and conditions contained in the Prospectus (including the risk factors) before making any investment decision. If you are in any doubt about whether or how to invest, you should seek independent advice before making any decisions. The UCITS may be de-registered for sale in an EEA jurisdiction in accordance with the provisions of the UCITS Directive. Past Performance does not predict future returns. Investment in the range of the SEI Master Trust’s funds are intended as a long-term investment. The value of an investment and any income from it can go down as well as up. Investors may not get back the original amount invested. This document and its contents are for Institutional Investors only and not for further distribution.