DB scheme trustees report continued rise in costs

TPT research finds larger schemes reported the biggest hikes

Alex Levy
clock • 2 min read
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iStock.com/ChayTee

Defined benefit (DB) scheme trustees have reported a 34% average increase in running costs over the past year driven by costs related to legal services and administration, TPT has found.

An independent survey of 100 UK DB trustees was conducted on behalf of TPT Retirement Solutions, representing schemes with assets ranging in value from £100m to over £10bn, with the findings publis...

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