Investment firm TPT Investment Management announces the introduction of a fresh fiduciary management service, designed specifically for UK pension funds.
TPT Investment Management (TPTIM), a part of TPT Retirement Solutions group, has announced the launch of a standalone fiduciary management offering for UK pension schemes. This service, designed specifically for defined benefit (DB) schemes, aims to provide better value, flexibility, and access to private markets.
Asset Consolidation for Scale Benefits
The new service enables pension schemes to join TPTIM's fiduciary management service and immediately benefit from asset consolidation via a master trust structure. By pooling assets across schemes, clients gain scale advantages that reduce costs and enable access to higher-impact investments, enhancing overall value for pension schemes and their members.
Customizable Risk Management
TPTIM has developed an integrated and sophisticated risk management framework that provides pension trustees with a total portfolio view and granular analytics on asset and liability risks. This flexible risk management is backed by investment risk expertise and covers risk modeling, stress testing, and alignment with evolving regulatory and sustainability requirements.
Access to Private Markets
The fiduciary management offering includes a series of newly launched collective investment vehicles designed to give schemes straightforward access to a broad range of asset classes, including private markets. This is especially important for pension schemes seeking long-term growth and diversification beyond traditional listed assets. The collective fund structure allows schemes to benefit from private markets' potential return enhancement while managing liquidity and risk effectively.
Responsible and Long-Term Investment Approach
The offering emphasizes TPT’s asset owner DNA with a long-term investment horizon combined with asset manager rigor. It includes a commitment to responsible investing, including quantifying climate and sustainability impacts, tailored to DB schemes’ liabilities and objectives.
Peter Smith, Head of Investment at TPT Investment Management, expressed his excitement about the launch, stating, "We're thrilled to introduce our new fiduciary management service to the UK pension market. Our offering builds on the successful model of scheme consolidation, pooling assets to deliver value and impact for defined benefit pension schemes."
The service is set up to deliver better outcomes for members of pension schemes, providing access to a best-in-class pension scheme investment management capability, backed by first-class customer service and new technology. TPTIM's distinctive ownership model, as a pension scheme with no external shareholders, ensures scheme members are always prioritised.
With over 20 years of experience managing pension scheme assets and responsible for £9.6bn in combined assets, attracting around £270m a year of new inflows, TPTIM is well-positioned to make a significant impact in the UK pension market.
- TPTIM's new fiduciary management service, applicable to UK pension schemes, offers asset consolidation via a master trust structure, enabling schemes to pool assets and gain scale advantages, reducing costs and providing access to higher-impact investments.
- The service includes an integrated and sophisticated risk management framework, providing pension trustees with a total portfolio view and granular analytics on asset and liability risks, backed by investment risk expertise and covering risk modeling, stress testing, and alignment with evolving regulatory and sustainability requirements.
- The offering provides pension schemes with straightforward access to a broad range of asset classes, including private markets, essential for those seeking long-term growth and diversification beyond traditional listed assets.
- TPTIM's investment approach emphasizes a long-term investment horizon combined with asset manager rigor, committing to responsible investing, including quantifying climate and sustainability impacts, tailored to DB schemes' liabilities and objectives.
