Log in

The future of DB pension consolidation

News | Updated: 14.12.18 Share this:
TPT Retirement Solutions
In October, Professional Pensions held a defined benefit (DB) breakfast briefing in partnership with TPT looking at what the future holds for consolidation.

Consolidation was a central theme in the government’s DB white paper, published in March, which said that on average smaller schemes are more likely to have higher administrative costs and fail to meet governance standards. It argued consolidation could help schemes, and is now consulting on a range of proposals to boost consolidation including the introduction of a new accreditation regime and legislative framework.

The panellists looked at the benefits of consolidation and compared the various ways to do it. They also discussed the key considerations for trustees and sponsors that may be considering it.

To download the full article please click here.

To find out more about DB Complete and how it could help you and your business please contact:

Tel: ​0345 123 6600
Email: dbcomplete@tpt.org.uk 

Related news & insights

TPT responds to the recent consultation on the Code of Practice for funding Defined Benefit (DB) schemes.
TPT Retirement Solutions
https://www.tpt.org.uk/Sitefinity/WebsiteTemplates/PensionsDefault/App_Themes/PensionsDefault/images/logo.png
Read More
TPT has been named ‘DB Master Trust/Consolidator of the Year’ at the Professional Pensions UK Pensions Awards 2020.
TPT Retirement Solutions
https://www.tpt.org.uk/Sitefinity/WebsiteTemplates/PensionsDefault/App_Themes/PensionsDefault/images/logo.png
Read More
TPT has announced the successful transfer of the Family Building Society’s DB scheme to its DB Complete Master Trust arrangement.
TPT Retirement Solutions
https://www.tpt.org.uk/Sitefinity/WebsiteTemplates/PensionsDefault/App_Themes/PensionsDefault/images/logo.png
Read More