Defined Contribution pension schemes

Our award-winning DC Master Trust pension scheme is designed to support members through their entire savings journey and beyond.

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What are Defined Contribution (DC) pensions

With a DC pension, the amount being paid in (the contribution) is a known quantity (defined) and usually a percentage of an employee's earnings. The employer makes contributions too. All the contributions are invested to give them the best chance to grow over time. The value of the pension savings at retirement depends on how well they grow while they're invested. 

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Why choose TPT for DC pensions?

We're on mission to make pension schemes perform better for everyone. That means using our expertise to deal with every challenge, keeping things simple for the people we support, making a difference by the way we invest and learning from the past to get the best from the future. 

We're pension specialists 

More than 2,000 employers trust us to deliver their Defined Contribution pension schemes and we help over 300,000 members save for the future. We manage our pensions based on knowledge and insight that's backed by 75+ years of pensions expertise.

We keep things simple

We want members to be able to access clear, simple information in a way that suits them. All DC members have access to a dedicated resource hub, interactive tools, regular communications and a secure online account. We also provide you with materials that you can share with your members, to help them make the most of their pension.

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 pensions based on knowledge and insight, so that they can achieve your goals now and into the future. We consider areas like communication an essential part of this process and the results of our digital transformation project will soon build on our award winning member experience, offering more personalisation and support for your members, and making administration easier for you. 

years of experience in the pensions sector
of assets under management (as at September 2023)
members across the UK

DC investment choices

You can choose from either our Target Date Funds (TDF) or Ethical Target Date Funds as the default options for your workplace pension scheme.  

  • Default funds

    Our Target Date Funds provide a diversified range of investments. We alter our investment strategy to protect the value of our members' funds as they get closer to retirement.

  • Self-select funds

    Your members also have the option to make their own selection from a range of carefully chosen self-select funds. These provide flexibility and choice for those who want to be actively involved in how their savings are invested or have particular religious or ethical beliefs that need to be considered. 

  • About TPT

    We’re on a mission to make pensions perform better for everyone. Find out more about that mission here.  

  • Investing at TPT

    The way we invest isn’t just designed to generate the best returns. It’s designed to get the best outcomes for the wider world and the people who live in it. 

  • DB Pensions

    DC isn’t our only expertise. We deliver Defined Benefit (DB) pensions too. Learn about DB Complete and DB Connect.  

  • Retirement Living Standards Awards Logo 2023
  • Money Age Awards Winner 2023 logo
  • Pensions Age Awards Winner 2023 logo
  • European Pensions Awards 2023 winner logo
  • Pensions Age Awards 2022 winner logo

TPT Retirement Solutions provide a wonderful service and keep me well informed about my pension.

Defined Contribution Member

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