Tax relief

Government bonus

HMRC allows two main tax arrangements for contributing to a workplace pension scheme, Net Pay Arrangement [NPA] and Relief At Source [RAS]. With the SuperTrust you can set up your workplace pension using either method.

Low fund charges

Value for members

There are a range of services that are necessary to deliver a workplace pension. In addition to investment management costs, by law the costs for these services, taken from members’ accounts, are normally capped at 0.75% p.a. for auto enrolled members. The charges are met by the fund manager by applying a 0.75% p.a. deduction when calculating each member’s account value.

Master Trust Assurance Framework

Adhering to the highest standards

Supertrust UK Master Trust has achieved accreditation under the Master Trust Assurance Framework.

The assurance reporting framework was developed by the Chartered Institute of Accountants in England and Wales, with assistance from the Pensions Regulator. Also known as ICAEW AAF 02/07, the framework attempts to set minimum standards that multi-employer trust pension providers must adhere to.

Scheme governance

Safe-guarding your pension

The SuperTrust UK Master Trust is regulated by the Pensions Regulator and HMRC for its provision of workplace pension schemes. The scheme is governed by three corporate trustees who ensure that the Scheme meets the relevant legislative and regulatory requirements and that the administration and investment management of the scheme is in the best interest of members.

The SuperTrust platform employs the latest technology giving access to data in real time for employers and members. The scheme has straight through processing with the investment manager Margetts Fund Management (FCA No 4158249).

Our Pension

Easy to manage pensions that make sense now and for the future