Overview

In response to rising employer contributions, 330 independent schools have left TPS since September 2019. A further 93 have stopped putting new teachers in TPS by using phased withdrawal.

To avoid further increases in contributions, which are expected in 2024, you need to take action at the start of the 2023/24 academic year.

Watch our webinar to learn about the latest market update and the options available, and to hear about the challenges schools looking to exit TPS have faced and how to deal with them. We're delighted to be joined by Steven Edwards from Standard Life, who will share details of how Standard Life can support schools looking to set up a DC pension scheme.

Topics

• The schools that have left TPS or implemented phased withdrawal
• The TPS options that are available, including the pros and cons of each
• Our experience of the challenges faced by schools looking to exit TPS and how to deal with them
• The benefits of the DC arrangements that Standard Life can offer independent schools

If you have any questions, or would like to start discussing the future of your pension scheme, please get in touch.