Investment firm TPT Management unveils a fresh fiduciary management service designed specifically for British pension programs.
TPT Investment Management (TPTIM), part of TPT Retirement Solutions group, has unveiled a standalone fiduciary management offering for UK pension schemes. The service aims to provide better value to pension schemes, incorporating the highest levels of stewardship, and is particularly beneficial for medium-sized pension schemes, helping to bridge a gap in the market.
With a combined £9.6bn in assets under management and attracting around £270m a year of new inflows, TPT's new offering is set up to deliver better outcomes for members. The service focuses on the delivery of good outcomes with a flexible proposition and operational simplicity.
Scale Benefits and Asset Consolidation
The new offering enables pension schemes joining TPT to immediately benefit from scale advantages by aggregating assets within a master trust structure. This pooling of assets across schemes enhances investment purchasing power and cost efficiency across diverse asset classes.
Integrated and Sophisticated Risk Management
TPT has developed an advanced risk management framework in partnership with MSCI, giving schemes granular and customizable risk analytics. This allows pension schemes to have a detailed, realistic outlook on both asset and liability risks over their long-term investment horizons, helping them align their investment goals with risk appetite and market conditions.
Focus on Responsible and Sustainable Investing
The risk framework includes quantification of climate and sustainability impacts, reflecting TPT’s commitment to responsible investing tailored to long-term pension scheme needs.
Expertise in Investment Risk Management
The appointment of Vanessa Poon as Investment Risk Manager signals a strong focus on evolving the fiduciary management investment risk framework. Her role supports robust risk modelling, oversight, and analysis, which help foster effective delivery of client investment objectives and transparent risk communication.
Customizable Investment Strategies
Through collective investment vehicles recently launched, schemes can access a wide range of investment strategies, allowing tailored portfolio construction that fits specific pension scheme requirements while leveraging the advantages of asset pooling.
A Best-in-Class Pension Scheme Investment Management Capability
Peter Smith, Head of Investment at TPT Investment Management, states the new service provides access to a best-in-class pension scheme investment management capability. TPT's distinctive ownership model, as it is owned by a pension scheme with no external shareholders, ensures scheme members are always prioritized.
The service also includes first-class customer service and advanced reporting. TPT's technology platform includes tools to manage each client's portfolio in line with risk budgets. TPT's extensive experience in asset allocation, notably, a significant allocation to private markets including infrastructure and private credit, further strengthens the offering.
In conclusion, TPT’s standalone fiduciary management product is designed to offer UK pension schemes institutional-scale investment capabilities, detailed risk clarity, and a sustainability lens, all underpinned by expert fiduciary oversight aimed at delivering high-quality retirement outcomes for members.
- TPT's new offering, focusing on institutional-scale investment capabilities, detailed risk clarity, and a sustainability lens, leverages technology to manage each client's portfolio in line with risk budgets, aiming to deliver high-quality retirement outcomes for members. (environment, technology, finance, investing, business)
- The advanced risk management framework developed by TPT in partnership with MSCI provides pension schemes with granular and customizable risk analytics, allowing them to have a detailed, realistic outlook on both asset and liability risks over their long-term investment horizons, helping them align their investment goals with risk appetite and market conditions. (finance, technology, news, environment, business)
- TPT Investment Management's distinctive ownership model, as it is owned by a pension scheme with no external shareholders, ensures scheme members are always prioritized, and their service includes first-class customer service and advanced reporting, further strengthening their best-in-class pension scheme investment management capability. (finance, business, investing, news, environment)
