Over the last decade, we have seen a substantial growth in the presence of Professional Trustees (PTs) on Trustee Boards of UK pension schemes. This growth in professional trustee appointments has been accelerating, especially in recent years.
We also observe significant growth in the use of Professional Corporate Sole Trustee (“Sole Trustee”), where a team made up of at least two accredited professional trustees from a PT firm takes the place of a traditional trustee board to manage the scheme.
11%overall growth in all professional trustee appointments over the past year
To understand these issues better, we surveyed 15 PT firms, including all the largest firms, covering around 95% of the market for professional trustee services. We examined topics including:
- The current professional trustee market landscape
- Growth and changes in the market
- Who the professional trustees are and how they can enhance governance
For more insights, download the full report by completing the form on the right, or below on a mobile device.
If you would like further information on the research, please get in touch with your WTW contact or email Richard Campbell or Mustafa Bharmal.
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