TPT becomes a PMI Insight Partner for defined benefit superfunds

The partnership comes as the Pension Schemes Act puts DB superfunds on a permanent statutory footing, prompting renewed focus on how they can expand endgame choices for schemes particularly those for whom buy-out may not be a near-term or realistic proposition.

Under the partnership, we’ll deliver a programme of thought leadership, expert commentary and educational content designed to support trustees, sponsors and advisers as the superfund market develops. The partnership comes after TPT announced its intention to launch a new DB superfund designed to help schemes run-on*.

With more schemes exploring additional options to buy out, there is increasing demand for clarity, practical guidance and informed debate about how superfunds can expand choice and improve outcomes.   

As the PMI’s Superfund Insight Partner, TPT will contribute analysis and insight that helps the industry navigate this evolving landscape. The programme will focus on demystifying the superfund model, exploring its role within endgame planning, and supporting trustees, sponsors and advisers in understanding how superfunds may offer a secure and affordable solution for schemes that are not able or ready to access insurance buy out.  

Steve Collins, Head of Superfund Proposition at TPT Retirement Solutions, said:  

"Becoming the PMI’s Superfund Insight Partner reflects our commitment to supporting industry learning, debate and innovation at an important time for the pensions market. As endgame strategies continue to evolve, we are pleased to be able to contribute practical insights, informed by our own work to progress our superfund proposition, to help trustees, sponsors and advisers navigate an increasingly complex environment and support greater understanding of how superfunds may expand choice for the right schemes."   

Varsha Gicas, Chief Customer Officer at the PMI, said:    

“We are delighted to welcome TPT as our Insight Partner for superfunds. Their deep expertise and practical experience will play a vital role in helping the industry build confidence, improve understanding and engage constructively with the opportunities created by the Pension Schemes Act. This partnership will ensure our members have access to high quality insight at a time when superfunds are becoming an increasingly important part of the DB endgame conversation.”   

Through this Insight Partnership, TPT and the PMI will work together to support informed decision making across the sector, helping schemes understand where superfunds fit within the broader endgame landscape and how they may offer a credible, secure and value driven option for members.   

TPT will provide expert content and practical insight that will be made available to PMI members through a range of channels, including conference sessions, webinars, thought leadership articles, technical inserts and other member resources. Where appropriate, content will also be made available digitally or as recorded content, ensuring members who are not UK-based or are unable to attend in person can still access and benefit from the insight.   

*Subject to successful assessment by The Pensions Regulator.   

Read the full announcement from the PMI.