Trust-based pensions

Flexible and tailored pension solutions

What we offer

Our trust-based pensions are aimed at medium to large employers, offering specialist governance, implementation and asset transition services. We have supported over 7,000 pension schemes with total assets over £14.5 billion.

Our trust-based pension schemes

We offer several different trust-based pension schemes.

The value of investments can go down as well as up and members may get back less than has been paid in.

Aviva Master Trust

Aimed at medium to large employers, the Aviva Master Trust combines expert governance with quality investment choice. We can tailor each employer's section to suit their needs.

Own Rules Trust

This scheme is overseen by your own board of trustees. We work directly with the board to provide administration services and retirement benefits for members.

Group Additional Voluntary Contribution

Our group AVC plan sits alongside an employer’s occupational scheme and lets members pay in extra to build up their personal fund.

Section 32 Buy-out

Gives employers and trustees a hassle-free way to either wind up a scheme or transfer deferred members. It offers security and peace of mind for both trustees and members.

 

Aviva Master Trust

Authorised by the Pensions Regulator, the Aviva Master Trust is a fully independent solution to providing a hassle-free workplace pension scheme.

A recognised high-quality scheme, it offers a range of benefits and choice of investment options, delivering value to members whilst taking care of compliance and governance.

Discover our Master Trust

Why choose us

Tailored solutions

Our trust solutions are designed to look after what an employer needs, but we know that every company is different. It's why we tailor our products to ensure we can suit different company's different requirements. Our specialists will work with you and the trustees to get the best fit for your company and the best outcome for your members.

Stability & credibility

We've been around for more than 300 years and have over 31.6 million customers worldwide. As a composite insurer, we're able to diversify our risk across different markers. We've had consistently high ratings from all of the major credit agencies in our time, and we continue to be a trusted name in the industry.

Investment solutions

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My Future

My Future is the alternative default solution and has been designed to help members save for their retirement. Risk is managed throughout the retirement journey thanks to the mix of assets in the My Future funds, including company shares and bonds. This approach aims to grow members’ pension savings in the earlier stages of the journey and then focus on preserving members’ capital as they get closer to retirement. Responsible investment is integrated into My Future.

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My Future Focus

My Future Focus is the Aviva Master Trust default investment solution, designed to give members the opportunity to benefit from gains in the world's financial markets. It aims to minimise any unexpected volatility, particularly as members approach retirement. Responsible investment is fully integrated into My Future Focus.

ESG considerations are a non-binding but critical part of the investment process viewed alongside other risk factors. Aviva Investors' portfolio managers are empowered to make the right decisions for the best investment outcome.

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Stewardship Funds

Designed to incorporate ethical and environmental, social and governance (ESG) considerations, the Stewardship lifestyle default solution helps members save for their future while actively contributing to a sustainable long-term future for the world around them. These funds are available for members to select.

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My Future Choice

This comprehensive range of funds offers employers risk-graded default investment solutions for UK workplace pensions. It can help provide robust retirement solutions for all sizes and types of business. This is only available on the Unisure platform.

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Not what you’re looking for?

Contract pensions

The easy-to-use option, ticking all the boxes for a workplace pension. Whether your business is small or large, our contract pensions have been designed to help your workplace save for retirement.

See our contract pensions

Set up or switch your workplace pension scheme

If you’re an employer, adviser or payroll professional, you can find out more about our workplace pension and get a quote.

Explore online pensions

Savings and investment options

We offer several different options giving your employees more ways of putting money toward short- or long-term goals.

See our options

Business perspectives

The latest views and opinions covering the business sector

Contract and trust-based pensions

We look at the differences between contract and trust-based pensions.

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What’s a master trust?

The past few years have seen a huge increase in the number of people investing for later life in Occupational Pension Schemes (OPS).

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What’s driving the move to master trust?

What's the attraction?

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