Commenting on the news that TPT’s (TPT Retirement Solutions) DB Superfund has cleared assessment, Richard Wellard, Head of Alternative Risk Transfer Solutions, Hymans Robertson, says:
“We’re delighted to see TPT successfully complete TPR’s assessment process and proud to have supported the TPT team from the outset and all the way through their assessment process.
“TPT have created a genuinely exciting superfund proposition that we believe will provide a valuable new option for pension schemes and their members. Clara has done a fantastic job of pioneering the superfund market and demonstrating what the model can deliver, and TPT’s successful assessment represents the next stage in the market’s evolution, bringing greater choice for schemes for the first time. It’s a transformative time for the superfund market – we predict the number of superfunds, and the number of transactions will double over 2027.”
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