Scale could save master trusts nearly £1bn in private market fees

People’s Pension report makes proposals to reduce costs of investing in private markets

Holly Roach
clock • 3 min read
People's Pension chief investment officer Dan Mikulskis
Image:

People's Pension chief investment officer Dan Mikulskis

There are nearly £1bn in savings to be had from private market fees, the People’s Pension suggests, but warned “no master trust currently has the scale to fully take advantage”.

In its latest report, the scheme – which has £32bn in assets under management – said the pensions industry could save hundreds of millions of pounds for savers when it comes to investing in private...

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 Industry

UK Pensions Awards 2026: Entries close today!

UK Pensions Awards 2026: Entries close today!

This year’s awards will be held on 11 June at The Brewery in London

Professional Pensions
clock 23 January 2026 • 3 min read
Hidden 'systemic barriers' perpetuate gender pensions gap

Hidden 'systemic barriers' perpetuate gender pensions gap

Entrenched barriers, not lack of financial confidence to blame

Jenna Brown
clock 23 January 2026 • 3 min read
Professional Pensions: Stories of the week

Professional Pensions: Stories of the week

PMI secures full buyout with L&G, Dr. Martens scheme and PIC complete buy-in, M&G sees 65% increase in BPA market

Professional Pensions
clock 23 January 2026 • 1 min read
Trustpilot