SAUL to preserve DB offering with 'feeder' DC arrangement

The £3.4bn University of London scheme is reviewing its investment strategy

Hope William-Smith
clock • 2 min read
SAUL Trustee Company chief executive Sue Applegarth
Image:

SAUL Trustee Company chief executive Sue Applegarth

The Superannuation Arrangement of the University of London (SAUL) will launch a “feeder” defined contribution (DC) scheme for new members to sit in for a period of three years in a move which will limit the direct entry to its £3.4bn defined benefit (DB) scheme.

SAUL has laid out the plan as part of a review of its investment strategy outlined in its 2021 annual report, and following its latest triennial valuation. The move to place new members into a s...

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 Contribution

2024 saw record £25.5bn of DC savings from employees

2024 saw record £25.5bn of DC savings from employees

Broadstone analysis finds workers got ‘all-time high’ of £10.8bn pension tax relief

Jasmine Urquhart
clock 08 August 2025 • 2 min read
SPP: Private markets, public good - Why the Mansion House Accord matters

SPP: Private markets, public good - Why the Mansion House Accord matters

Jo Sharples explores the opportunities and challenges the Mansion House Accord presents

Jo Sharples
clock 31 July 2025 • 3 min read
Fidelity FutureWise default reaches £20bn milestone

Fidelity FutureWise default reaches £20bn milestone

Default fund is forecast to grow beyond £40bn in assets by 2030

Jonathan Stapleton
clock 29 July 2025 • 2 min read
Trustpilot