Cushon acquires the Creative Pension Trust: technology continues to drive the evolution of the workplace pension market
24th Jan 2022
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The acquisition of Creative makes Cushon the UK’s fifth largest master trust, and underlines their commitment to disrupting the pension market.
This latest acquisition, along with the purchases of the Salvus Master Trust in 2020 and the Worker’s Pension Trust in 2021, has propelled Cushon from startup to major pension provider in double quick time.
Although it has acquired most/all of its workplace pension business through buying up other master trusts, Cushon has its own well-defined brand identity, based on two main pillars: responsible investment and tech innovation.
In 2022, it is widely anticipated that there will be further consolidation of master trusts. It will be interesting to see how the auto enrolment market shapes up over the next 12 months.
Read what Cushon and Creative have to say about the acquisition here.
If you are interested to find out more about how technology is transforming workplace pensions, please reach out to our team of experts and we will be happy to help you understand which options work best with your particular needs.
PensionSync is the UK’s only one-stop shop for payroll-to-pension administration, working alongside your payroll software to provide a streamlined pension process designed with busy payroll professionals in mind.
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