LCP report shows professional trustees oversee £1trn of DB scheme assets
LCP says professional trustees are entering a ‘new phase’ of the DB market
WTW survey shows rise of sole trusteeship continues, while first insight into sole traders highlights ‘more diverse’ market landscape
Isio finds ten largest firms expect to manage two-thirds of DB schemes within five years
Louise Davey says the DWP consultation on trusteeship provides a valuable opportunity to refine governance standards
Barnett Waddingham finds high level of trust and satisfaction in professional trustees among industry
Firm says need for professional trustees may grow in short-term but could be ‘dampened’ in the long-term
Ben Salmons asks if younger, career trustees may help widen the skill and diversity mix
Isio survey finds the estimated DB market share of these firms has increased to 43%
Industry welcomes extension of TPR oversight to professional trustee firms