Half of UK pension schemes now under professional or sole trustee management
WTW survey finds number of professional trustees in UK market rose by 15%
Isio report shows 46% of all new trustee appointments were sole trustees
Fewer DB trustees plan to exit roles compared to last year but ‘burdensome’ regulations are ongoing concern
Independent review says current regulatory engagement is ‘unsatisfactory half-way house’
Consultancy found half of UK pension schemes have a professional trustee
Industry thinks current regulatory framework could better enable open schemes to ‘thrive’
Combined firm will become the UK’s largest trusteeship and governance services provider
Research found 40% expect to step down in the next year and 40% in one to three years
Deal comes on the back of LDC’s private equity investment in Ross Trustees in late 2020