View more on these topics

MetLife launches master trust for group life clients


MetLife UK has launched a master trust for its group life customers as it looks to expand in the employee benefits space.

The master trust was launched on 25 March and is available to companies that take out a MetLife group life policy. There is no extra charge for using the master trust.

The trustee of the master trust is Castlewood Trust Corporation Limited.

MetLife UK employee benefits director Stephanie Baillie says: “Small and medium-sized employers have told us that setting up a registered scheme under a discretionary trust can be a barrier to putting in place tax-advantageous group life benefits for their staff.

“Offering access to a master trust to employers reduces administration time and will ease the process for employers.”


News and expert analysis straight to your inbox

Sign up


    Leave a comment


    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm