Peace of mind with lower running costs
We are one of the leading workplace pension funds in the UK serving more than 2,400 organisations and around 250,000 members.
As experienced defined benefit (DB) specialists, we have been keeping pensions simple, accessible and easy to understand for over 70 years.
By offering a range of products with a reliable and comprehensive service, we can cater for a variety of customers and their requirements.
In this ever-changing world of pensions, we know that our experience and award-winning service brings valuable peace of mind to all our customers.
Saving time and cost
By combining trusteeship, administration, actuarial and investment services, scheme accounting, covenant assessment and communications with members, our products and services give peace of mind with lower running costs.
We have extensive experience in dealing with pensions and have been providing occupational pensions since 1946. We have won numerous industry awards for our excellence in our scheme and investment innovation and for our administration team.
Our defined contribution arrangements have also been awarded the Pensions Quality Mark ‘Ready’ status – this means that our schemes have been independently assessed as having good standards of governance, low charges and clear member communications.
We provide a full corporate trustee service. The Trustee is responsible for all aspects of running an occupational pension scheme such as administration, investment and governance, giving comfort to employers that the scheme is being well managed.
We have committed to complying with the Master Trust Assurance Framework, which means that every year; our defined contribution (DC) arrangements are independently assessed against a rigorous set of controls set by ICAEW (Institute of Chartered Accountants) and The Pensions Regulator.
TPT has recently completed the second level of The Pensions Regulator's Master Trust Assurance Framework. by demonstrating high quality governance and administration standards.
Strength in size
Our combined size and strength, with over £9 billion of assets under management, enables us to achieve economies of scale, the benefits of which we pass on to our customers.
Each scheme has its own separate section at TPT ensuring its assets and liabilities are ring-fenced.
We are and have always been a not-for-profit organisation and have no shareholders, run purely for the benefit of our members.
Already one of the UK's leading providers of workplace pensions, since the launch of DB Complete, we provide workplace pensions to all employers across all sectors.