Can an Employer Choose Its Own Pension Fund Manager and or Custodian?

Can an Employer Choose Its Own Pension Fund Manager and or Custodian?

Yes, an employer is permitted to choose its own pension Fund Manager and or Custodian ONLY if the scheme is an Employer-sponsored Scheme. However, if the scheme is a Master Trust Scheme, then the corporate trustee has the responsibility of choosing the pension fund managers and custodian.

Yes, an employer is permitted to choose its own pension Fund Manager and or Custodian ONLY if the scheme is an Employer-sponsored Scheme. However, if the scheme is a Master Trust Scheme, then the corporate trustee has the responsibility of choosing the pension fund managers and custodian.

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