TPT enhances investment capabilities with new appointments

TPT Retirement Solutions, a leading workplace pension scheme with more than 450,000 members, is pleased to announce a promotion and a new hire within its investment team.

Peter Smith has been promoted to Head of Investment at TPT Investment Management (TPTIM), the firm’s fiduciary management arm for its DB Complete and DB Connect services. Peter brings more than 16 years of investment experience to the role, having initially joined TPT in 2008 from HSBC. He is now responsible for the development of TPTIM’s investment strategy through the implementation of asset allocation decisions and providing portfolio oversight. Peter will report to Cliff Speed, the Chief Executive of TPTIM.

TPTIM has also appointed Inês Cunha Pereira as Responsible Investment Manager. Ines joins TPT from Man Group where she was a Stewardship Manager for over five years. She has also held Corporate Governance and Custom Research positions at Institutional Shareholder Services. In her new role, Inês will oversee the implementation of TPT’s Responsible Investment policies, ensuring alignment with regulatory requirements and the integration of RI considerations into all areas of the portfolio management process.

Cliff Speed, Chief Executive of TPTIM, comments: 

"We would like to congratulate Peter on his well-deserved promotion. His proven investment expertise and strategic acumen continue to elevate our capabilities. We are also thrilled to welcome Inês to our team. She brings responsible investment experience and knowledge that will be highly valued by our clients. As the financial landscapes evolves, our growing investment team will be instrumental in crafting and executing strategies that align with our commitment to delivering exceptional value and outcomes." 

The expansion of TPTIM follows the launch of DB Connect, a new solution that enables pension schemes to receive many of the benefits of consolidation without having to join a Master Trust. It enables schemes to access fiduciary management, actuarial, covenant, administration, accounting, and secretarial services, whilst retaining its existing scheme structure and trustee board.