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

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
DB surpluses should be viewed as strategic assets, not just opportunities

DB surpluses should be viewed as strategic assets, not just opportunities

Hughes Price Walker says decisions must balance security, employer objectives and scheme resilience

Holly Roach
clock 30 July 2026 • 2 min read
FTSE 100 DB schemes surplus remains 'strong' at £55bn

FTSE 100 DB schemes surplus remains 'strong' at £55bn

LCP says surplus remained stable despite wider global economic uncertainty

Martin Richmond
clock 22 July 2026 • 2 min read
Trustpilot