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
Watchdog says move will help identify and mitigate any risks to pension savers
Half of UK pension schemes now under professional or sole trustee management
WTW survey finds number of professional trustees in UK market rose by 15%
Isio report shows 46% of all new trustee appointments were sole trustees
Fewer DB trustees plan to exit roles compared to last year but ‘burdensome’ regulations are ongoing concern
Independent review says current regulatory engagement is ‘unsatisfactory half-way house’
Consultancy found half of UK pension schemes have a professional trustee
Industry thinks current regulatory framework could better enable open schemes to ‘thrive’