Pensions Third Party Administration (TPA): League tables

Below is the league table for the UK’s outsourced pensions administrators, often referred to as Pensions TPAs.

TPATotal schemesMembers administered
Aon278437,538
Barnett Waddingham333385,999
Broadstone30255,484
Buck182350,000
Capita4314,700,874
Deloitte4817,679
Equiniti483,022,429
HS Admin66303,000
Hymans68225,588
Mercer44984,563,581
Premier56125,000
Railpen284530,791
Spence12431,500
Trafalgar28164,500
WTW1453,488,000
XPS625936,000

The league table covers 7,725 pension schemes, with more than 19 million members benefits being administered. Birmingham and Bristol are the most popular TPA office locations.

If you would like more information on the TPAs available in the market, or you are a TPA and you would like to update your data, please contact Susan Phillips on 020 8213 5860.

Related services that may be of interest are: market reports, governance reviews, benchmarking, and specialist sourcing of pensions administration. Susan will be delighted to discuss your specific project or have an initial discussion about outsourcing if you are unsure and just want a bit more information.

Source: Go Pensions ongoing market research questionnaire completed by TPAs via GoFX.

Note: some TPAs are excluded if they did not update or disclose their data.

Tags: