Renew for 2025 – master trust membership

Let’s work together in 2025

We are the Pensions and Lifetime Savings Association. In a busy year for pensions, we have supported our members every step of the way. Your membership enables us to be the voice of the pensions industry, working to ensure a better income in retirement for everyone.

Now it’s time to renew your membership for 2025 to receive an even broader range of membership benefits, including full involvement in our policy work and free access to our conferences.

We’d like to thank you for your support in 2024 and invite you to renew your membership for 2025.

Annual subscription renewal process

Our membership period runs from January to December, with subscriptions due 1 January.
We wrote to the primary contact at each member organisation in October 2024 to advise that we would soon be sending annual subscription invoices for 2025, and then again at the start of November 2024 to advise how much membership will be.
Members were advised to email [email protected] by 30 November 2024 if they did not wish to continue their organisation’s membership, otherwise membership would renew automatically for 2025 and we would issue an invoice for payment.
Invoices were sent to primary contacts at the beginning of December 2024. Primary contacts can view their organisation's invoice by logging into their PLSA account and navigating to 'organisation orders' in the left menu.
Members who opted to pay by direct debit will have had their membership subscription automatically collected in early January 2025.

If you have any questions, please contact [email protected].

How much will it cost in 2025?

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

CALCULATE YOUR SUBSCRIPTION CALCULATE YOUR SUBSCRIPTION

2025 fees for master trusts

2025 fees

Your band	UK pension assets under management (£m)	Your subscription
A	0 - 499	£1,171
A Type A. UK pension assets under management (£m) 0 - 499 Type B. UK pension turnover (£m) Less than 1m Your subscription £1,171
B	500 - 999	£3,121
B Type A. UK pension assets under management (£m) 500 - 999 Type B. UK pension turnover (£m) £1 - £2m Your subscription £3,121
C	1,000 - 1,999	£6,243
C Type A. UK pension assets under management (£m) 1,000 - 1,999 Type B. UK pension turnover (£m) £2.1 - £5m Your subscription £6,243
D	2,000 - 2,999	£9,362
D Type A. UK pension assets under management (£m) 2,000 - 2,999 Type B. UK pension turnover (£m) £5.1 - £10m Your subscription £9,362
E	3,000 - 3,999	£11,706
E Type A. UK pension assets under management (£m) 3,000 - 3,999 Type B. UK pension turnover (£m) £10.1 - £15m Your subscription £11,706
F	4,000 - 4,999	£15,605
F Type A. UK pension assets under management (£m) 4,000 - 4,999 Type B. UK pension turnover (£m) £15.1 - £20m Your subscription £15,605
G	5,000 - 9,999	£19,505
G Type A. UK pension assets under management (£m) 5,000 - 9,999 Type B. UK pension turnover (£m) £20.1 - £25m Your subscription £19,505
H	Over 9,999	£23,405
H Type A. UK pension assets under management (£m) Over 9,999 Type B. UK pension turnover (£m) Over £25m Your subscription £23,405

USEFUL INFORMATION

Please review the terms and conditions of Master Trust Membership and the membership rules.

Our membership team arranges meetings throughout the year to hear from members about their current priorities, gain feedback and insight for our Policy and Advocacy team, and views about our services so that we can develop new benefits such as our webinars and communities. If you would like a meeting with our Senior Engagement Managers, please contact the membership team:
[email protected] | 0207 601 1700

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