Petra Trust sponsors both second and third-tier Master Trust Schemes (MTS) for the benefit of employers who prefer to participate in an umbrella scheme.
This allows such employers to focus on growing their core business while enjoying other benefits like reduced fees, professional management, etc.
Our MTS are committed to providing world-class pension services to both members and employers and particularly to ensuring that members receive their correct pension benefits. These aims are best achieved where the sponsor and employers work in partnership and are clear about their respective roles and responsibilities. This means the quality of service provided to members is contingent on both parties meeting high standards of accuracy and timeliness of information supplied.
Currently, we offer three (3) Master Trust Schemes for employers who wish to join a pool of pension funds of multiple employers to reduce the average cost per member and enhance the overall gains and benefits to both the employer and the employees.