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

Torsten Bell: 'Together, we are going to finish the job'

Torsten Bell: 'Together, we are going to finish the job'

Bell was reappointed to the pensions minister role in the government reshuffle

Holly Roach
clock 24 July 2026 • 1 min read
People Moves: Week ending Friday 24 July 2026

People Moves: Week ending Friday 24 July 2026

PP brings together all the appointments in the pensions industry over the past week

Professional Pensions
clock 24 July 2026 • 12 min read
Professional Pensions: Stories of the week

Professional Pensions: Stories of the week

Torsten Bell reappointed as pensions minister, a £760m buy-in deal and the industry responds to pension transfer proposals

Professional Pensions
clock 24 July 2026 • 1 min read
Trustpilot