The UK pensions sector is facing huge changes in the months and years ahead. Much of this is aimed at consolidating pension schemes into larger, more sophisticated and more efficient institutions, capable of allocating to a diverse range of public and private market assets.
To ‘take the temperature’ of the industry as it prepares for these significant changes, Pensions Expert, in partnership with CACEIS, surveyed representatives from across the pensions sector with an emphasis on defined benefit (DB) pension schemes.
We asked for insights on consolidation options, private markets allocations, and the quality of reporting services for those holding unlisted assets such as private equity and infrastructure.
The results – published in this exclusive supplement – show a sector in transition. Many DB schemes are in strong funding positions, and there’s growing interest in private asset allocations like infrastructure, private equity, and debt. But challenges remain, especially around reporting, ESG data, and accessing illiquid markets.
With government reforms encouraging the creation of ‘megafunds’ and more investment into UK growth assets, the report explores how schemes are weighing consolidation options, tackling ESG reporting gaps, and managing operational complexity.
It also highlights the evolving role of custodians in helping schemes stay transparent, compliant, and future-ready.