Standard Life Becomes Siemens Master Trust Provider

Posted on 05/09/2024


Standard Life, a subsidiary of Phoenix Group, has concluded the transition of over £1.6 billion of assets from the Siemens Investor Plan. This included moving over 30,000 active and deferred members. It is the largest ever move from Own Trust to Master Trust in the UK. Gail Izat, Managing Director for Workplace at Standard Life…

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