The hidden costs of pension freedoms on DB schemes

Reviewing TPA contracts could save schemes a packet

clock

The rise in DB-DC transfer requests can result in increased administration bills, according to Michael Klimes

At a glance DB schemes have been experiencing more transfer requests  Some trustees do not review their contracts with administrators regularly  This means schemes could be paying more in a...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

More on Admin / Technology

Minimum standards for scheme trusteeship could drive 'step-change' in quality

Minimum standards for scheme trusteeship could drive 'step-change' in quality

Lumera says DWP’s consultation comes at a ‘critical’ period of evaluation for the sector

Martin Richmond
clock 24 February 2026 • 2 min read
Invest now to win the mega funds race

Invest now to win the mega funds race

Peter Roos says consolidation will necessitate a period of investment in software and admin

Peter Roos
clock 20 February 2026 • 3 min read
Capita secures £137m pensions contract renewal

Capita secures £137m pensions contract renewal

Deal with unnamed client both deepens and extends the relationship

Jonathan Stapleton
clock 19 February 2026 • 1 min read
Trustpilot