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

Buyout no longer the default as sponsors review long-term pension strategies

Buyout no longer the default as sponsors review long-term pension strategies

IGG research finds only one in ten DB schemes are targeting buyout ‘as soon as practical’

Martin Richmond
clock 20 August 2026 • 2 min read
Partner Insight: Aon UK Risk Settlement Bulletin - Q3 2026

Partner Insight: Aon UK Risk Settlement Bulletin - Q3 2026

Latest edition of the Aon UK Risk Settlement Bulletin is now available.

Aon
clock 05 August 2026 • 1 min read
PIC completes build-to-rent development in Birmingham

PIC completes build-to-rent development in Birmingham

Specialist insurer has completed the development, One Eastside, which is the city’s tallest building

Alex Levy
clock 03 August 2026 • 1 min read
Trustpilot