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Defined Contribution pensions

Our award-winning DC Master Trust pension scheme is designed to support members through their entire savings journey and beyond.

Made for modern lifetimes

Our Defined Contribution (DC) Master Trust is leading the way in market innovation. From a to and through retirement investment strategy to a new pension account where members can manage their savings and retirement in one place. And we’ve also introduced a first-of-its-kind managed income for life solution to provide a regular monthly income in retirement.

Transcript

Life's changed, work's changed, and retirement, that's changing too.

We've built a new, flexible lifetime pension account that puts members in control, now and into retirement. Packed with intuitive tools to plan, model and shape their future. And when it's time to retire, your employees can access a range of flexible options.

And we've launched a first-of-its-kind managed income for life solution, offering a secure, inflation-linked monthly income for life. We have an innovative and high-performing whole-of-life investment strategy, with tailored client service, expert support, and an award-winning member engagement program.

TPT, we're transforming the pension experience so your people can retire with clarity, confidence and control. TPT, a pension made for modern lifetimes.

Transcript

We had a great panel with a really good balance of different perspectives. So we had a perspective from kind of what it's like for consultants working with employers to see how the regulator is approaching this and how as an industry, we've got to come together to drive much better member outcomes. 

So understanding what a good member outcomes is really quite difficult and helping us get there, there was a lot of talk about contributions do we need to raise those. And that's probably one big part potentially for some, but for me it came out that session was engagement. We need to engage members, take them on that journey and then also not forget them at the decumulation stage. Give them that support, help them make the right decisions so that they can get that sustainable income throughout retirement and that's probably the key thing to make.

DC panel discussion

“Good member outcomes” is an industry buzzword — but what does it really mean in practice?

In this panel session highlights video, experts explore how good outcomes should be defined and measured across a member’s entire savings journey, not just at the point of retirement.

You can view the panel session in full here.

Panellists: Philip Smith (TPT), Katy Hayes (Barnett Waddingham), Hannah English (Hymans Robertson) and Kim Goodall Brown (The Pensions Regulator).

Why choose TPT for workplace pensions?

  • A managed income for life

    We've created a unique solution that offers members a managed monthly income for life (to 95), while remaining in the target date fund strategy, ensuring a smooth transition into retirement.

  • Lifetime pension account

    Our next-generation pension account is designed to make pensions easy. Members can save, plan, and manage their retirement online, including drawdown options all in one place.

  • High performing default funds

    Our default target-date funds (TDFs) have been carefully designed to provide an innovative to and through retirement strategy.

    Based on past performance.

  • Member engagement

    We support members’ retirement planning with tailored updates, tools, a 'Learn' hub, webinars and financial wellness resources - plus a range of engagement tools via our employer portal.

  • Tailored service & support

    We provide bespoke support and a dedicated contact for onboarding and scheme transfer as well as skilled ongoing relationship managers and administration support.

Download our brochure below

For full details of our new ‘managed income for life’ solution and intuitive, next-generation member account.

Pensions Reimagined brochure

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

WINNER

At Retirement Solutions Provider of the Year

"This excellent entry, relating to an important part of the pensions journey, impressed the judges with its tireless commitment to helping evolve the all-important at-retirement space, with innovative solutions that highlight it understands the evolving and dynamic needs of the pensions member." 

At Retirement Solutions Provider of the Year logo
IPE Awards Winner 2025
  • Pensions Age Awards Winner 2026 logo
  • UKPA Pensions Communication Initiative of the Year 2023 Winners logo
  • Money Age Awards Winner 2023 logo
  • European Pensions Awards 2023 winner logo
  • Investment Marketing and Innovation Awards Winner 2023

TPT Retirement Solutions provide a wonderful service and keep me well informed about my pension.

Defined Contribution Member

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