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

DB scheme funding levels recover in April

DB scheme funding levels recover in April

Broadstone says funding levels ‘remain volatile’ amid ‘uncertain’ economic backdrop

Martin Richmond
clock 13 May 2026 • 2 min read
PPF 7800 aggregate surplus falls by £5.3bn in April

PPF 7800 aggregate surplus falls by £5.3bn in April

Lifeboat fund’s 7800 index shows surplus stood at £258.5bn as at the end of last month

Martin Richmond
clock 12 May 2026 • 3 min read
XPS launches integrated DB run-on solution

XPS launches integrated DB run-on solution

Launch comes as Pension Schemes Act marks a step towards a new DB surplus regime

Martin Richmond
clock 12 May 2026 • 2 min read
Trustpilot