There’s a lot of talk about PTs this week as TPR announces its looking into the impact of private equity on the professional Professional Trustees.
Several conversations I’ve had with consultants recently have focussed on “scope creep” with consultants worrying that trustee firms are lining up to eat their lunch.
See and hear what LCP has to say on all this with Natalie and Laura talking to us about their fourth annual Sole Mates Report.
You can join us, avoid the queues and participate directly with this free link
Steve says
The content will focus on their 4th annual Sole Mates report and the interesting findings that came from of it. The key findings were:
- Over half of UK pension schemes now have a Professional Trustee (PT) or Sole Trustee, with Sole Trustee appointments doubling since 2021.
- There has been strong recruitment and investment in the PT firms, including regional offices to support growing demand for Trustee services and firm growth.
- The PT market has expanded to include governance-related services in addition to traditional trusteeship, with some broader offerings.
- Some firms now provide a streamlined, full-service Sole Trustee solution for smaller schemes, aligning with The Pensions Regulator’s (TPR) push for scheme consolidation.
Nathalie is Head of Strategic Relationships and is a partner at LCP and was voted Winner of Women in Pensions Award 2023. Laura is also a partner and she has worked for LCP for over 4 years. Prior to LCP Laura wokred for ISIO and KPMG
This session will be ideal for an DB/DC Scheme Trustee,Sponsors and advisers and we hope you can join.
