A (DC) Master Trust is a defined contribution pension scheme or plan designed for multiple non-associated employers under one trust arrangement.
The New Ireland Master Trust offers a strong governance model, a leading edge digital pension platform and a broad range of investment options working with world class independent fund managers.
A (DC) Master Trust is a defined contribution pension scheme or plan designed for multiple non-associated employers under one trust arrangement. Employers have peace of mind knowing that all trust based regulatory and governance responsibilities are looked after within the Master Trust while they retain the flexibility to decide the benefit structure and eligibility rules of the plan.
Each employer benefits from being a part of one trust, but each employer's plan is administered entirely separately and reflects their plan preferences.
New Ireland Assurance Company is one of the largest life and pensions providers in Ireland with funds under management of over €21.7 billion (at December 2021).
The New Ireland Master Trust was established in March 2020. Careful consideration was given to the expected future regulatory environment in developing the Master Trust.
The New Ireland Master Trust option offers strong and sustainable governance at a lower cost to the employer. It provides a framework of robust governance and strict regulation with the ability to embrace new legislative requirements as they arise.
The trustee of the New Ireland Master Trust is General Investment Trust DAC, one of the longest established professional pension scheme trustee companies in Ireland.
The New Ireland Master Trust offers a strong governance model, a leading edge digital pension platform and a broad range of investment options working with world class independent fund managers.
You can view the New Ireland Master Trust Key Features document below.
Occupational plans established under the New Ireland Master Trust are administered on our market leading MyPension365 digital platform.
MyPension365 provides an easy and efficient way to manage a company pension plan and provides an enhanced experience for Advisors, employers, trustees, and employees.
To find out more about the MyPension365 digital pensions platform and to view our guides and overview videos, please visit our MyPension365 hub.
To ensure we can meet the differing needs of pension investors we offer a broad range of investment options working with some of the world's largest investment managers.
To find out more about our investment proposition, including Passive IRIS - our passively managed target date fund core investment strategy, please visit our Master Trust Investment hub.
To find out more about the New Ireland Master Trust, please contact Neville Maxwell, Group Pensions Sales Manager at neville.maxwell@newireland.ie or your New Ireland Account Manager.
We’re experiencing technical difficulties and that means your call may not get through to the right team. As a result you may be on hold longer than we would like. We are working hard to fix this and suggest you call us back later. You can continue to contact us by email, you can get the right email address for you by clicking here.