The Pensions Trust Rebrands and Announces Ambition to Double £8bn Fund Size as UK’s Leading DB Consolidator
Pension schemes have never been under more pressure than today from increasing regulatory burdens, lower interest rates and increasing deficits.
In its 70-year history, TPT Retirement Solutions has successfully navigated this challenging environment and has continually reinvented itself to better serve its employers and members.
A market leader in the third sector, with the recent launch of DB Complete TPT has opened its doors to all sectors and sizes of organisation.
This is a cost-effective solution for all defined benefit legacy schemes. It provides the benefit of having a scheme managed by one organisation and the buying power that comes from having £8 billion assets under management.
Mike Ramsey, Chief Executive at TPT Retirement Solutions, said: “The organisation is very different from a few years ago, not least in that we now offer our services to the whole market.
We believe that we are entering a period of significant consolidation in the DB legacy market and many schemes can benefit from our service.
As a result, we aim to double our assets under management over the next few years and become recognised as the country’s leading DB consolidator.
The launch of our new identity is another step in the organisation’s drive to capture this market. It is designed to depict a modern, progressive, approachable organisation which has solutions for all and is open to everyone.”