Half of DB schemes to move to corporate sole trustee model by 2028

Hymans Robertson says schemes see model as providing time and cost savings

Jasmine Urquhart
clock • 1 min read
Hymans Robertson's survey has found many DB schemes are keen to utilise corporate sole trusteeship
Image:

Hymans Robertson's survey has found many DB schemes are keen to utilise corporate sole trusteeship

Half (50%) of defined benefit (DB) schemes expect to move towards a corporate sole trustee model by 2028, Hymans Robertson finds.

The consultancy's research of finance directors and chief financial officers within its schemes found many saw the model as having cost and time savings. One third (36%) said the model makes dec...

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

Join now

 

Already a Professional Pensions
member?

Login

More on Defined Benefit

Industry supports DB surplus release so long as clear parameters set, Aon finds

Industry supports DB surplus release so long as clear parameters set, Aon finds

Poll finds industry favours prudent thresholds and detailed consideration when it comes to future plans for surplus release

Holly Roach
clock 23 April 2025 • 3 min read
Sponsoring employers facing less pressure after 'radical' funding improvements

Sponsoring employers facing less pressure after 'radical' funding improvements

Broadstone says employer contributions needed to plug scheme shortfalls have ‘plummeted’

Holly Roach
clock 22 April 2025 • 1 min read
Tender Watch: LGPS re-appoints Equiniti as admin software supplier

Tender Watch: LGPS re-appoints Equiniti as admin software supplier

LGPS re-appoints Equiniti as software supplier on national framework for a further four years

Professional Pensions
clock 15 April 2025 • 1 min read
Trustpilot