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Number of schemes using third party administrators

FOI reference - FOI 2018-08-10(b)
Date - 10/08/2018

Request

What proportion, or total number of pension schemes outsource administration to third party administrators and:

  • if possible type of scheme (defined contribution (DC) versus defined benefit (DB), public versus private)
  • if possible this has changed over time (ideally back to 2012)

Response

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

Information we are able to supply

Please find the requested information in the table below:

Schemes by administrator type 31/3/2012 DB  DC  Hybrid  DB  DC  Hybrid 
In-house administrator 530 10,088 141 9.32% 30.49% 8.53%
Insurer administrator 384 9,470 60 6.75% 28.62% 3.63%
Third party administrator 4,771 13,526 1,452 83.92% 40.88% 87.84%
Schemes by administrator type 31/3/2014 DB DC  Hybrid DB DC  Hybrid
In-house administrator 489 9,405 116 9.21% 29.74% 8.38%
Insurer administrator 378 8,610 47 7.12% 27.23% 3.4%
Third party administrator 4,441 13,604 1,221 83.67% 43.02% 88.22%
Schemes by administrator type 31/3/2016 DB DC  Hybrid DB DC Hybrid
In-house administrator 448 8,314 99 8.86% 28% 8.09%
Insurer administrator 349 7,425 58 6.9% 25% 4.74%
Third party administrator 4,260 13,959 1,067 84.24% 47% 87.17%
Schemes by administrator type 31/3/2018 DB  DC Hybrid  DB  DC  Hybrid
In-house administrator 419 7,128 76 8.69% 25.76% 6.76%
Insurer administrator 319 5,887 60 6.62% 21.27% 5.34%
Third party administrator 4,084 14,659 988 84.7% 52.97% 87.9%