Professional trusteeship has become the governance 'default'

LCP report shows professional trustees oversee £1trn of DB scheme assets

Martin Richmond
clock • 4 min read
Professional trusteeship has become the governance 'default'

Growth in the market has resulted in professional trusteeship becoming the governance “default”, a report by LCP finds.

The consultancy's 2026 Sole Mates report – which surveyed 18 professional trustee (PT) firms to analyse the trends in the PT and professional corporate sole trustee (PCST) market – said the market ...

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Martin Richmond
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Martin Richmond

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