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DB schemes where scheme return indicates a professional trustee in place

FOI reference - FOI-5689
Date - 24 March 2021

Request

Could you please confirm the number of UK Defined Benefit Schemes where the Scheme Return indicates that there is a professional trustee in place?

I would be happy to take data from last year’s Scheme Return information... If possible, can you also specify which professional trustees are firms or individuals.

Response

I can confirm that we hold the information you have requested.

Information we are able to supply

Please find a table containing the number and proportion of defined benefit and hybrid schemes with a professional trustee, divided between firms and individuals:

Scheme type (X)  Defined benefit  Hybrid
Category of professional trustee   Individual Firm Individual Firm
Number of (X) schemes with a professional trustee  243  1,538  60  225
Total number of (X) schemes   4,797  926
%  5.1  32.1  6.5  24.3

Please note that the breakdown may not add up to the total as some schemes have multiple professional trustees, this would include:

  • Where a scheme has multiple professional Individual trustees, only one has been counted.
  • Where a scheme has multiple professional Firm trustees, only one has been counted.
  • Where a scheme has multiple professional Individual and Firm trustees, one of each has been counted.