DC deconsolidation likely when 'diseconomies of scale' appear

James Phillips
clock • 1 min read

Defined contribution (DC) scheme consolidation could be undone as diseconomies of scale begin to emerge, says PTL managing director Richard Butcher.

Big employers that opted for master trusts for members' DC entitlements could soon find that the volume of assets being looked after on behalf of their employees has grown significantly and could b...

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

James Phillips
Author spotlight

James Phillips

Professional Pensions journalist from 2016-2022

More on Defined Contribution

Partner Insight: From gilts to grids - Five themes shaping the UK investment landscape

Partner Insight: From gilts to grids - Five themes shaping the UK investment landscape

Sophie Ballard, Nuveen
clock 05 October 2026 • 3 min read
Nest appoints Wellington Management to run £3.5bn active EM equity strategy

Nest appoints Wellington Management to run £3.5bn active EM equity strategy

Emerging markets brief aims to strengthen ESG, risk evaluation and stewardship

Jonathan Stapleton
clock 02 October 2026 • 1 min read
Industry and regulators have a chance to shape a new era for DC pensions, TPR says

Industry and regulators have a chance to shape a new era for DC pensions, TPR says

Chair Emma Douglas says the pension system is ‘unfinished business’

Martin Richmond
clock 02 October 2026 • 5 min read
Trustpilot