We know Defined Benefit (DB) pension schemes

We’ve been helping employers to run their DB pension schemes for over 75 years. Our extensive experience and approach has been recognised as industry-leading, winning key awards such as DB Consolidator/Master Trust of the Year at the UK Pensions Awards in 2020, 2021 and 2023.

A person smiling

We help achieve your DB goals

Business Development Director Nicholas Clapp explains our approach to Defined Benefit schemes.


At TPT, we recognise that running a Defined Benefit pension scheme isn’t always straightforward. There’s more regulation, complexity and uncertainty. We want to take the pressure off you.

Our two solutions work hard to achieve your DB goals, however you want to reach your end-game.

Both are built on TPT’s 75 plus years of pension experience, with a proven consolidation track record, a flexible governance structure, and TPT’s huge scale.

DB Connect is our new solution, letting trustees plug into our proven DB expertise. Schemes get the advantages of consolidation, and TPT can take care of: Fiduciary Management, Actuarial, Covenant, Administration, Accounting, and secretarial services, whilst retaining the current scheme structure and existing trustee board. We do as much heavy lifting as you need, freeing up current trustees’ time and focus.

Then there’s DB Complete: our Master Trust. We take care of everything mentioned before, but include Trusteeship too.

A lot goes into our solutions. Because we know pensions inside and out. After all, we are owned by a pension fund. We keep things simple. Staying relentlessly future-focused, aligning your investment strategy with a flexible, long-term target that’s right for you and your scheme.

Let’s make pensions perform better for everyone. 

Chat with us

Learn in more detail how we can support you with an existing DB scheme. You'll be able leave your details with us, book a call and find answers to your questions. 

  • Professional Pensions UK Pensions Awards 2023 winner
  • Professional Pensions UK Pensions Awards 2022 - Highly Commended
  • Professional Pensions UK Pensions Awards 2021 winner
  • Professional Pensions UK Pensions Awards 2020 winner
  • DB Connect

    DB Connect is a new solution and an addition to our award-winning Master Trust. It means schemes can take advantage of the benefits of consolidation, with TPT providing fiduciary management, actuarial, covenant, administration, accounting and secretarial services, whilst retaining the current scheme structure and existing trustee board. 

  • DB Complete

    DB Complete is a full-service DB Master Trust that takes care of your investment, actuarial, covenant administration, scheme accounting, and trustee responsibilities all under one roof. 

years of experience in the pensions sector
of assets under management (as at September 2022)
members across the UK

Choose TPT to consolidate your DB scheme

Our mission is to make pension schemes perform better for everyone, from trustees and employers to the members who save with us.

We're pension specialists

Pensions are all that we do. We understand them and have learned, over many years, what it takes to manage them effectively. Our teams know pensions inside and out, so you and your members don't have to, and we've invested time and money into developing the best possible systems and processes. 

We're owned by a pension fund

We're owned by a pension fund, which gives us a thorough understanding of the pensions landscape and its complex regulations. 

We keep things simple

DB pension schemes can be complicated. Our teams have the experience and confidence to understand your scheme and work with you to make it perform better for everyone. You'll always have an input into the running of your scheme, and we'll keep our discussions as clear and simple as you need them to be. With both DB Connect and DB Complete, your investment strategy will be aligned with an appropriate and flexible long-term target. 

We're responsible investors

We were investing responsibly long before it was a requirement. It's not only the right way to work, but also an essential part of recognising financial risks and opportunities. We implement environmental, social and governance policies to secure the best outcomes, and actively engage in industry initiatives to help make a difference.

We're future focused

We manage pension schemes based on knowledge and insight, so that they can achieve better outcomes now and in the future. For the things we can't always predict, like market turbulence or new legislation, we have a long track record of adapting and innovating. It's what makes us one of today's leading pension providers and helps us to futureproof your pension scheme. 

The Society has reduced scheme running costs, strengthened governance, has access to more sophisticated and diversified assets.

DB Master Trust Employer

Our customers

  • Coventry Building Society logo
  • Darlington Building Society logo
  • Medicash logo
  • Hinckley & Rugby Building Society

Get in touch

Leave your details and we'll be in touch, or drop us a line to tell us about your requirements and we'll see how we can help.

  • Email

    Email Jonathan Jackaman, Head of Business Development

  • Call

    Call Jonathan Jackaman on 07885 366 439, Head of Business Development

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