People's Pension reaches record £25bn AUM

Not-for-profit provider becomes UK’s first independent master trust to reach milestone

Jasmine Urquhart
clock • 1 min read
The People's Pension reported AUM has reached £25bn since launching 12 years ago
Image:

The People's Pension reported AUM has reached £25bn since launching 12 years ago

The People’s Pension has become the first independent master trust in the UK to reach £25bn in assets under management (AUM) today.

The not-for-profit defined contribution master trust, provided by the People's Partnership, was launched 12 years ago and manages the pensions of more than 6.5 million members across more than 100,...

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

Join now

 

Already a Professional Pensions
member?

Login

More on Defined Contribution

The People's Pension targets £4bn move into private markets

The People's Pension targets £4bn move into private markets

Master trust to initially invest in assets such as infrastructure and real estate

Jonathan Stapleton
clock 16 January 2025 • 3 min read
Reeves' megafund proposals should be replaced with 'comply or explain' DC regime

Reeves' megafund proposals should be replaced with 'comply or explain' DC regime

LCP says alternative approach would deliver better results more quickly for government

Professional Pensions
clock 13 January 2025 • 2 min read
Steve Webb and Laura Myers – There is a better way forward on DC investment

Steve Webb and Laura Myers – There is a better way forward on DC investment

DC megafunds will lead to ‘massive’ cost and disruption and may fail to deliver stated aims

Laura Myers and Steve Webb
clock 13 January 2025 • 5 min read
Trustpilot