Marks & Spencer Pension Scheme (The M&S Pension Scheme) is a corporate pension based in Manchester, United Kingdom. The scheme provides pension and retirement benefits to the employees of Marks & Spencer, a British multinational retailer. The Marks and Spencer Pension Trust is the Corporate Trustee which manages the scheme and governs the operation of the scheme. The Trustee is responsible for making sure that the scheme is managed effectively and meets governance requirements and best-practice standards in the interest of the members. There are nine Trustee Directors on the trustee board.