Corporate sole trusteeship sector grew by 12% in a year

Hymans Robertson said DB schemes are seeking out a diverse mix of skills

Holly Roach
clock • 3 min read
Corporate sole trusteeship sector grew by 12% in a year

Corporate sole trusteeship of defined benefit (DB) schemes grew by 12% during the year to March 2023, Hymans Robertson research shows.

The consultancy's The future of corporate sole trusteeship report found "continued growth" in the sector, largely driven by cost, a decline in member-nominated trustees (MNTs) prompting employers t...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

More on Industry

Professional Pensions: Stories of the week

Professional Pensions: Stories of the week

DC consolidation concern, TPO order for trustee director, CDC consultation responses

Professional Pensions
clock 22 November 2024 • 1 min read
Mansion House proposals 'ambitious' and 'huge task' for industry

Mansion House proposals 'ambitious' and 'huge task' for industry

Industry experts says consolidation into megafunds presents ‘complexity’

Holly Roach
clock 22 November 2024 • 2 min read
XPS Group revenues up 23% to £113.4m in six months

XPS Group revenues up 23% to £113.4m in six months

Consultancy says advisory and administration accounting grew for tenth half year of year-on-year growth

Jasmine Urquhart
clock 21 November 2024 • 2 min read
Trustpilot