PIC teams up with SEI Master Trust to offer bulk DC transfer service

Collaboration aims to improve member outcomes

Jonathan Stapleton
clock • 1 min read
SEI's Steve Charlton: An opportunity to shape member outcomes for the better
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SEI's Steve Charlton: An opportunity to shape member outcomes for the better

Pension Insurance Corporation (PIC) has entered into a strategic partnership with SEI to allow trustees the ability to bulk transfer defined contribution (DC) pension benefits and additional voluntary contributions (AVC) into the SEI Master Trust as part of their buyout arrangements.

The firm's said this collaboration would give defined benefit (DB) scheme members who also have DC pension arrangements and AVC's the opportunity to access the SEI Master Trust before entering the ...

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