Benefits to Employers

Why us
Benefits to Employers

Peace of mind with lower running costs

We are one of the leading workplace pension funds in the UK serving more than 2,600 organisations and in excess of 300,000 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 you peace of mind with lower running costs.

Strength in size

Our combined size and strength, with over £10 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.

No shareholders

We are and have always been a not-for-profit organisation with no shareholders, we operate purely for the benefit of our members. Already one of the UK's leading providers, we provide workplace pensions to all employers across all sectors.

Strong governance

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 arrangements are independently assessed against a rigorous set of controls set by ICAEW (Institute of Chartered Accountants) and The Pensions Regulator.

Quality service

We have extensive experience in dealing with pensions and have been providing workplace 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.

See the benefits members receive by choosing TPT to manage your workplace pension scheme.

Member benefits

See why our customers chose TPT to manage their workplace pension scheme.

Our customers

The future of DB pension consolidation

Why us