How private equity is shaking up the pensions space

Christian Kent highlights how private equity has seen a swathe of activity through 2021

clock • 3 min read
Christian Kent is managing director at Houlihan Lokey
Image:

Christian Kent is managing director at Houlihan Lokey

The UK pensions industry was once a sleeping giant, but that was never going to last. With a total worth of £1.7trn, spread amongst an estimated 5,400 defined benefit schemes, pensions remain the most common and significant employee benefit in the UK, representing more than 90% of total benefit spend.

These schemes provide the industry with a recurring annual revenue estimated at £2bn a year in fees for consulting and administrative services for another 40 to 50 years as they run to term. Unsurp...

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 Investment

The DC scheme scramble for private assets

The DC scheme scramble for private assets

Charlotte Moore finds DC plans are facing challenges around speed of deployment, scale and crowded trades

Charlotte Moore
clock 16 July 2026 • 5 min read
Case study: How LifeSight is investing in private markets

Case study: How LifeSight is investing in private markets

WTW’s Andrew Doyle sets out how the master trust is evolving its allocation to private markets.

Charlotte Moore
clock 16 July 2026 • 2 min read
FMs making 'incremental' progress on ESG integration

FMs making 'incremental' progress on ESG integration

EY report finds ESG integration has been a case of ‘evolution rather than revolution’

Martin Richmond
clock 09 July 2026 • 3 min read
Trustpilot