Three colleague sat talking in atrium

Defined Benefit pensions

With our award-winning consolidation solutions, and 80 years of trusted expertise, we’re redefining pensions - driving meaningful innovation that delivers real value for schemes and their members.

Our DB solutions

With TPT, employers and trustees can choose from four consolidation solutions that are designed to help schemes meet their endgame goals.

  • DB Master Trust

    End-to-end scheme management for greater efficiency and accountability, alongside trusteeship services. 

  • DB Multi-Trust

    Integrated multi-trust solution (covering actuarial, administration, covenant and fiduciary management services) whilst retaining your existing trustee board.

  • Three employees talking in an atrium

    Superfund

    Designed to run-on and enhance member benefits, our superfund will provide another option for schemes considering risk transfer as part of their end game strategy. Discover what we’re building. 

  • Fiduciary management

    With expert governance, robust risk management, and access to diverse and previously inaccessible assets through our scale, we tailor strategies to your scheme’s risk appetite and endgame goals. Powered by TPT Investment Management.

 

 

Webinar: Demystifying Defined Benefit Pension Consolidation Pathways

Webinar

Watch: Demystifying Defined Benefit Pension Consolidation Pathways

Watch our recent webinar as we explore the growing range of consolidation options and help you make strategic decisions for your scheme.

80
years' pensions experience
£11.4bn
of assets under management (as at September 2025)
490,000
members across the UK

DB Consolidation Guides

  • Choosing the right consolidation path

    To help navigate the evolving landscape of DB scheme management, we’ve created a new report to support your journey. It’s designed to help you explore the full range of options and support you to work out the most suitable route for your scheme.

  • Mythbuster

    Our Defined Benefit Consolidation Mythbuster draws out the most common misconceptions about consolidation to help you make informed decisions about the future of your scheme and the benefits it may bring to you and your members. 

Our awards

  • UK Pensions Awards Winner 2025 logo
  • Professional Pensions UK Pensions Awards 2023 winner
  • Professional Pensions UK Pensions Awards 2022 - Highly Commended
  • Professional Pensions UK Pensions Awards 2021 winner
  • Professional Pensions UK Pensions Awards 2020 winner

The DB Master Trust / Consolidator award is an exceptional accolade for TPT and we’re delighted to have won it for three out of the last four years. It doesn’t just confirm our status as the leading DB Master Trust, it’s also recognition for the work that’s gone into creating an attractive, fully integrated solution for DB schemes.

David Lane

Chief Executive Officer, TPT Retirement Solutions

Why choose TPT?

Our mission is to make pension schemes perform better for everyone, from trustees and employers to the members who have pension savings with us.

We're pension specialists

Pensions are all that we do. We understand them and have learned, over many years, what it takes to manage them effectively. Our teams know pensions inside and out, so you and your members don't have to, and we've invested time and money into developing the best possible systems and processes. 

We're owned by a pension fund

We're owned by a pension fund, which gives us a thorough understanding of the pensions landscape and its complex regulations. 

We keep things simple

TPT have the experience of working with traditional final salary schemes, through to more complicated arrangements. Our teams have the experience and confidence to understand your scheme and work with you to make it perform better for everyone. You'll always have an input into the running of your scheme, and we'll keep our discussions as clear and simple as you need them to be. With both DB Master Trust and DB Multi-Trust, your investment strategy will be aligned with an appropriate and flexible long-term target.  

We're responsible investors

We were investing responsibly long before it was a requirement. It's not only the right way to work, but also an essential part of recognising financial risks and opportunities. We implement environmental, social and governance policies to secure the best outcomes, and actively engage in industry initiatives to help make a difference.

We're future focused

We manage pension schemes based on knowledge and insight, so that they can achieve better outcomes now and in the future. For the things we can't always predict, like market turbulence or new legislation, we have a long track record of adapting and innovating. It's what makes us one of today's leading pension providers and helps us to futureproof your pension scheme. 

The transition to TPT has been a very smooth process and we’re grateful to the Trustees and their advisers for their support with the transfer. We are really pleased to be partnering with TPT on the running of the Scheme and look forward to working with them in ensuring that the members and Company receive a high-quality service.

Laurence Jenkins

Finance Director, Reading Buses

Some of our customers

TPT manages 69 schemes, for over 2,400 employers, with 490,000 members (as at 30 September 2025).

  • Reading buses
  • Coventry Building Society logo
  • Darlington Building Society logo
  • Medicash logo
  • Hinckley & Rugby Building Society

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