Family Building Society DB scheme moves into TPT master trust

Hope William-Smith
clock • 1 min read

The Family Building Society’s 250-member defined benefit (DB) scheme has transferred into TPT Retirement Solutions’ master trust, DB Complete.

The £30m scheme has 250 members, of whom 66 are currently active in a cash balance section. TPT chief executive Mike Ramsey said the increasing momentum towards consolidation highlighted its ben...

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 Defined Benefit

Partner Insight: Distributing surplus to members

Partner Insight: Distributing surplus to members

Nick Coates, Associate Partner, Aon
clock 06 November 2025 • 5 min read
Run-on, run-off or something else?

Run-on, run-off or something else?

Could Pension Schemes Bill surplus flexibilities allow more schemes to run-on?

Professional Pensions
clock 05 November 2025 • 19 min read
Partner Insight: Run-off insurance for trustees - What you need to know

Partner Insight: Run-off insurance for trustees - What you need to know

Susannah Calder, Partner, Aon
clock 05 November 2025 • 4 min read
Trustpilot