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

DC trustees and market volatility: Why now is the time to act

DC trustees and market volatility: Why now is the time to act

William Gold says DC trustees feeling the strain should proactively explore their options

William Gold
clock 23 June 2025 • 3 min read
Accessing private markets investments in DC

Accessing private markets investments in DC

Best practices for structuring private market solutions for DC

Jonathan Stapleton
clock 23 June 2025 • 14 min read
IFS: Rates of projected adequacy often higher for those on lower levels of earnings

IFS: Rates of projected adequacy often higher for those on lower levels of earnings

PP conference delegates hear DC savers still face wide ranging challenges while ‘knowledge is generally low’

Martin Richmond
clock 18 June 2025 • 3 min read
Trustpilot