Mercer Aspire Governance Framework
The helping hands you need
Common scheme challenges
-
Implement investment governance practices to monitor managers and future-proof strategies
-
Support the complex and varying investment objectives and communication preferences of your diverse workforce
-
Deal with the complex array of new regulatory requirements
-
Manage costs while delivering a scheme that is fit for purpose
With ever-increasing pension regulation, you can be confident that Mercer Aspire is the right solution to help you manage all your governance needs and concerns.
Our administration framework is supported by member services, allowing members to access their details online via OneView while addressing specific queries to our JustAsk member helpline.
Mercer Aspire can operate within a traditional trust model or as part of a master trust.
What is a master trust?
A master trusts is a bundled, fully outsourced solution – everything is done centrally on behalf of the employers who participate. The primary benefit is economies of scale, reducing costs and delivering time efficiencies associated with running a defined contribution pension plan, without sacrificing quality.
Employers seeking to provide high-quality value for money retirement savings solutions for employees, while facing challenging regulatory requirements, are increasingly exploring master trusts. With a master trust, each employer can design and retain control over the key features of their own plan, including benefit and contribution levels and fund choices. All responsibility for the plans’ management, administration, oversight and regulatory compliance rests with the professional trustee board and delegated service providers.