
The allocation is expected to contribute an additional 3% on an annual basis above global listed small cap equities
TPT Retirement Solutions is set to invest £54m into private equity through its defined contribution (DC) master trust default target date funds.
TPT said members of its target date funds - whose investments are managed by AllianceBernstein - will see 3.5% of their pension pot allocated to private equity investments during the growth stage. ...
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