Employer overview
Formerly known as the Teachers' Pension Trust, TPT Retirement Solutions has been operating since 1948.
TPT provides defined benefits, defined contributions, and hybrid pension schemes to its members, including teachers, university staff, healthcare professionals, and employees of charitable organizations. The organization aims to provide secure and sustainable retirement benefits for its members, offering a range of investment options and member services to support their financial futures.
TPT Retirement Solutions is regulated by the UK Financial Conduct Authority (FCA) and the Pensions Regulator, ensuring compliance with regulatory standards and protecting the interests of its members. It is a private company that specializes in providing pension solutions, particularly for the education sector and other not-for-profit organizations in the UK.
However, the pensions provided by TPT Retirement Solutions may be linked to government-sponsored pension schemes, such as those for teachers or public sector employees. These schemes often involve contributions from both employees and employers, with oversight and regulation by government authorities.
While TPT Retirement Solutions operates within the framework of government-regulated pension schemes, it is itself a privately owned entity focused on managing pension funds and providing retirement solutions to its members.