How the sole corporate trustee market must develop

Akash Rooprai says development of the market must go beyond cost efficiencies

clock • 3 min read
Akash Rooprai is director at Independent Trustee Services
Image:

Akash Rooprai is director at Independent Trustee Services

This October marked one year since the Association of Professional Pension Trustees (APPT) published its code of practice for professional corporate sole trusteeship (PCST), providing the perfect opportunity to look at the impact it has had on the industry and what PCST might look like in future.

Data released earlier this year revealed there has been a 60% rise in the number of schemes using professional trustees, now equating to almost one in three schemes compared to one in five in 2016....

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

Good News Corner: People's Partnership team braves the Tough Mudder challenge

Good News Corner: People's Partnership team braves the Tough Mudder challenge

Staff tackled a 5km obstacle course to raise money for St Catherine’s Hospice

Martin Richmond
clock 25 September 2026 • 3 min read
I tested the MoneyHelper Pensions Dashboard beta. Here's what I found

I tested the MoneyHelper Pensions Dashboard beta. Here's what I found

MHPD is in its second phase of consumer testing before the October connection deadline

Alex Levy
clock 25 September 2026 • 4 min read
Professional Pensions: Stories of the week

Professional Pensions: Stories of the week

TPR focusses on UK growth, L&G job cuts, PRT results, and IFoA guided retirement warning

Professional Pensions
clock 25 September 2026 • 1 min read
Trustpilot