The Power of Operational Pension Consolidation

12th May, 2025

  • A smarter way to manage your scheme

    If you’re looking for a smarter, more cost-effective way to manage your pension scheme Dalriada.Together, our operational pension consolidation model, offers a solution built around your needs.

    Managing your pension scheme the traditional way can consume a lot of your company’s time, budget, and energy. Today’s increasing regulatory demands, fragmented advisory models and rising costs are challenges that show no signs of slowing down.

    At Dalriada, we saw a better alternative. Drawing on my eight years of experience at Dalriada – and the expertise of colleagues from across pensions governance, administration, actuarial and investment – I’ve been fortunate to help shape the Dalriada.Together model from the ground up.

    And for the schemes already benefiting from this approach? The results speak for themselves:

    • Spending significantly less time on day-to-day scheme management.
    • Overall reducing annual costs through greater efficiency.
    • Achieving a clear tailored strategy for the short, medium and long term plan for their scheme goals.

    What does Operational Pensions Consolidation mean?

    In simple terms, it means: bringing all your pension schemes key functions – administration, actuarial, accounting, recordkeeping, compliance and reporting into a streamlined, integrated model.

    Why you should consider consolidation?

    The goals are simple:

    • Cost efficiency – reduce overhead by centralising operations.
    • Consistency – create unified processes and systems across schemes.
    • Improved service – enhance member experience, communication and response times.
    • Risk reduction – strengthen oversight and simplify compliance.

    How does Dalriada.Together achieve this?

    Compliance focused

    We manage your regulatory compliance efficiently across a portfolio of schemes – not separately for each – which means lower costs for you without sacrificing quality and high governance standards.

    Investment efficiencies

    Through carefully selected Fiduciary Manager and Investment Consultant Panels, you benefit from lower fees driven by scale of assets under management and purchasing power.

    High quality advice

    Our model gives you access to high quality advice whether it be Legal, Actuarial, Investment or Audit advice, at a lower proportionate cost- while our team of  highly skilled Trustees bring hands-on experience across all these areas.

    Efficient project management

    You engage with us once, and we co-ordinate all the necessary workstreams across advisers, saving you time, reducing your admin burden, delivering better results.

    Consolidated governance

    We deliver bespoke solutions for your scheme while maintaining consistent, cost effective approaches to regulatory change – so you never have to ‘reinvent the wheel’.

    Focused planning – short, medium and long term

    Your scheme is unique. Whether you’re targeting long-term run-on, preparing for buyout, or seeking stability in day-to-day governance, operational pension consolidation with Dalriada.Together ensures your strategy is built for success.

     

     

    Why it matters to you

    Today, governance isn’t just about compliance – it’s about empowering you to make confident, informed decisions while protecting your member outcomes.

    Dalriada.Together simplifies the complexity, strengthens governance and helps you manage your scheme with clarity, confidence and control all through the power of operational pension consolidation.

    See the benefits for yourself

    Would you like to know the benefits of Dalriada.Together?

    The Power of Operational Pension Consolidation
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    • Published byAdrian Campbell

      Adrian is an Accredited Trustee by the Association of Professional Pension Trustees and obtained the EPMI (Membership by Experience) Qualification in November 2023. Adrian works on a range of Dalriada Together Schemes in a trustee capacity and has a wealth of...

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