Concentration risk concerns aired over professional trustee market

PP survey shows concern over dominance of largest professional trustee firms

Jonathan Stapleton
clock • 3 min read
Several respondents said they were also concerned about the issue of groupthink in a more consolidated market
Image:

Several respondents said they were also concerned about the issue of groupthink in a more consolidated market

There are potential concentration risk concerns in having a relatively small number of bigger professional trustee firms acting for large numbers of UK schemes, PP readers say.

Professional Pensions' latest Buzz survey - conducted among 86 trustees, scheme managers, consultants and other pension professionals - found some 80% believed there were potential concerns, agains...

To continue reading this article...

Join Professional Pensions

  • Unlimited access to real-time news, analysis and opinion from the industry
  • Receive our in-depth monthly magazine in either print or digital format
  • Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
  • Receive important and breaking news stories selected by the Editors in our daily newsletter
  • Hear from industry experts and other forward-thinking leaders
  • Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date

Join now

 

Already a Professional Pensions
member?

Login

More on Law and Regulation

TPR: Possible new DB offering for DC savers 'needs careful thought'

TPR: Possible new DB offering for DC savers 'needs careful thought'

Regulator considers if it can support Pension SuperHaven style solutions for DC savers

Jonathan Stapleton
clock 25 April 2024 • 3 min read
TPR publishes annual DB funding statement

TPR publishes annual DB funding statement

TPR offers three different strategies for schemes depending on funding levels

Jasmine Urquhart
clock 24 April 2024 • 4 min read
Court adjourns proceedings against former sports centre director

Court adjourns proceedings against former sports centre director

TPR prosecution against former director of 1066 Target Sports adjourned for ten weeks

Martin Richmond
clock 16 April 2024 • 1 min read
Trustpilot