Master Trust Membership

Through our lobbying efforts, we have influenced legislation to benefit you, reduce the regulatory burden on pension schemes, and save our members hundreds of millions of pounds.

Master trusts manage assets for millions of savers and play a vital role in the UK economy. Pensions UK is here for you, to represent your interests to government and regulators, to make your work easier, and to support your members. Just as we have done for over 100 years.

Whether it’s governance, value for money or investment allocations, we make sure that your views and needs are heard by decision-makers.

Together, we’ve made a difference to your work by:

Protecting schemes from being drawn into paying Inheritance Tax
Driving UK investment through the All-Party Parliamentary Group for Pensions and Growth and Mansion House Accord – with all signatories now part of the Sterling 20
Ensuring our members’ views were represented in tabled amendments to the Pension Schemes Bill.

Membership benefits for master trusts

Influence policy and make your views heard

Work with us to shape government and regulatory policy, as we advocate for you and your members to policymakers and drive the conversation with our policy reports.

Free conferences and member events

Explore the hot topics of the day and build your knowledge with free registration for our world-class conferences and popular Policy Insight Webinars.

Resources to help you every day

Make your everyday work easier, whether it’s how to communicate with members or understanding investment trends without the sales pitch, with our practical resources and jargon-free Made Simple Guides.

Connect with colleagues

Come together with your peers to tackle common issues through our many networks and 10 Local Groups.

Exclusive member hub and PolicyWatch newsletter

Stay on top of everything happening in pensions with practical and insightful content in our member hub, including our fortnightly newsletter PolicyWatch.

Groundbreaking industry campaigns

Get access to better tools for communicating with your members and be the first to know about the latest updates to campaigns like Pay Your Pension Some Attention and the Retirement Living Standards.

Join Pensions UK and work with us to create a better pensions system.

Download membership form

How to join

Joining Pensions UK is simple:

Download and complete the master trust membership application form above
Review the terms and conditions of master trust membership and the membership rules
Submit the form - we will then send an invoice to the main contact for membership, once processed on our systems
Enjoy the many benefits of Pensions UK membership.

Who can join?

This category is for authorised, non-commercial, ‘monoline’ DC master trusts or authorised CDC master trusts.

For master trusts that also offer commercial services (who will previously have held both business and master trust membership), please see the business member with associated master trust category.

How much does it cost?

Click below to calculate your subscription. These rates are for 2026.

Calculate your subscription Calculate your subscription

Your membership fee will be based on your assets under management. The fee bands are as follows:

Your band	UK pension assets under management (£m)	Your subscription
A	0 - 499	£2,595
A Type A. UK pension assets under management (£m) 0 - 499 Type B. UK pension turnover (£m) Less than 1m Your subscription £2,595
B	500 - 999	£7,785
B Type A. UK pension assets under management (£m) 500 - 999 Type B. UK pension turnover (£m) £1 - £2m Your subscription £7,785
C	1,000 - 1,999	£10,380
C Type A. UK pension assets under management (£m) 1,000 - 1,999 Type B. UK pension turnover (£m) £2.1 - £5m Your subscription £10,380
D	2,000 - 2,999	£15,570
D Type A. UK pension assets under management (£m) 2,000 - 2,999 Type B. UK pension turnover (£m) £5.1 - £10m Your subscription £15,570
E	3,000 - 3,999	£20,760
E Type A. UK pension assets under management (£m) 3,000 - 3,999 Type B. UK pension turnover (£m) £10.1 - £15m Your subscription £20,760
F	4,000 - 4,999	£31,140
F Type A. UK pension assets under management (£m) 4,000 - 4,999 Type B. UK pension turnover (£m) £15.1 - £20m Your subscription £31,140
G	5,000 - 9,999	£41,520
G Type A. UK pension assets under management (£m) 5,000 - 9,999 Type B. UK pension turnover (£m) £20.1 - £25m Your subscription £41,520
H	Over 9,999	£51,900
H Type A. UK pension assets under management (£m) Over 9,999 Type B. UK pension turnover (£m) Over £25m Your subscription £51,900

Get in touch

If you need help or further information, contact the membership team:
[email protected] | 0207 601 1774

Why become a master trust member?

- Full involvement in our policy work to shape policy to your needs

- Access to practical tools and guidance to navigate the evolving pensions landscape

- Free entry to numerous conferences and events to network, hear from experts, and the chance to speak at them

- Exclusive content and policy updates in our member hub to stay on top of the latest issues

- Discounted trustee training to help your team make informed decisions