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Aviva Master Trust receives authorisation

Aviva has announced that its Master Trust has received authorisation from the Pension Regulator (TPR).

Aviva’s entirely independent Master Trust board has a range of industry expertise, including investment design and performance, clear communications, efficient administration and value for money.

Aviva Master Trust has previously been awarded Master Trust Quality Assurance by TPR. It also holds the Pension Quality Mark Ready accreditation.

Aviva Master Trust has grown significantly and currently manages over £2.5bn of assets for over 200,000 members.

“I’m delighted that Aviva Master Trust has received authorisation from the regulator. Our proposition is one of the strongest in the market and authorisation shows it is a quality pension scheme in terms of governance, operational effectiveness and financial security.

“It now means that our existing clients, and those considering using Aviva for their workplace pension, can be confident that our Master Trust complies with the highest standards.”

Colin Richardson, Chair of Trustees for Aviva Master Trust, said:

“This is a fantastic day for Aviva Master Trust. Myself and my fellow trustees have always been confident of the quality of the master trust, but authorisation from TPR is vital.

“I’m looking forward to continuing to work with Aviva to develop the Master Trust and deliver value for money for our members.”

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Media enquiries:

Ben Moss

Corporate and Workplace

Notes to editors:

  • We are the UK’s leading Insurance, Wealth & Retirement business and we operate in the UK, Ireland and Canada. We also have international investments in Singapore, China and India.
  • We help our 18.5 million customers make the most out of life, plan for the future, and have the confidence that if things go wrong we’ll be there to put it right. 
  • We have been taking care of people for 325 years, in line with our purpose of being ‘with you today, for a better tomorrow’. In 2021, we paid £30.2 billion in claims and benefits to our customers.
  • Aviva is a market leader in sustainability. In 2021, we announced our plan to become a Net Zero carbon emissions company by 2040, the first major insurance company in the world to do so. This plan means Net Zero carbon emissions from our investments by 2040; setting out a clear pathway to get there with a cut of 25% in the carbon intensity of our investments by 2025 and of 60% by 2030; and Net Zero carbon emissions from our own operations and supply chain by 2030.  Find out more about our climate goals at www.aviva.com/climate-goals and our sustainability ambition at www.aviva.com/sustainability.
  • Aviva is a Living Wage and Living Hours employer and provides market-leading benefits for our people, including flexible working, paid carers leave and equal parental leave. Find out more at https://www.aviva.com/about-us/our-people/
  • At 31 December 2021, total Group assets under management at Aviva Group are £401 billion and our Solvency II shareholder capital surplus is £13.1 billion. Our shares are listed on the London Stock Exchange and we are a member of the FTSE 100 index.
  • For more details on what we do, our business and how we help our customers, visit www.aviva.com/about-us 
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