SCHEME REFDB-2024-7741
LIVE

Northfield Municipal Pension Trust

£340MAUM

Funded Ratio

97.2%

vs 95.8% sector median

Fee Leakage

£412K

38 bps of AUM · Flagged

Allocation Drift

±4.2%

Gilts vs IPS target

Allocation vs Benchmark

EQFIALTPROPCASH
UK Equities+3.1%
Gilts−4.2%
Private Credit+2.0%
Property−2.0%
Fee Leakage Detected
£412K/yr

// 06:00:27 GMT · Scheme analysis running

Your scheme has
numbers like these.

Do you know which ones are bleeding?

Approx. AUM£340M
£10M£5B+

FCA regulated · No card required · Data encrypted at rest

// Problem 01

Opaque fee structures

The average DB scheme pays fees across 7 different lines. Fewer than 3 are visible in the standard trustee report.

Annual Fee Decomposition · £340M Scheme

Investment Management
18 bps42%
Custody & Admin
9 bps22%
Consulting Retainers
8 bps18%
Hidden Platform FeesHidden
5 bps11%
Undisclosed RebatesHidden
3 bps7%
Hidden fee total8 bps · £272K/yr

// Ticker Solution

Automated fee decomposition

Ticker ingests manager invoices, platform statements, and custody reports simultaneously — reconciling every line item to surface the fees your current process misses.

Cross-provider reconciliation

8 major platforms supported. Invoices parsed in under 90 seconds.

Basis-point attribution

Every fee mapped to asset class, manager, and mandate type.

Board-ready output

One-click export to slides. No reformatting, no spreadsheets.

// Problem 02

Allocation drift compounds silently

Quarterly rebalancing reviews miss intra-quarter drift. 4.2% off-benchmark in Gilts is £14.3M misallocated — for 18 months.

Gilt Allocation vs IPS Target

Target 45%
Actual
Q1Q2Q3Q4Q1Q2

Misallocated

£14.3M

Duration

18 months

// Ticker Solution

Drift alerts with one-click rebalance

Ticker monitors allocation against your IPS daily. When any asset class breaches its tolerance band, trustees receive a structured alert with a pre-built rebalance recommendation.

Drift Alert · Gilts
Today 06:04

Gilt allocation at 40.8% — 4.2% below IPS target of 45%. Exceeds ±2% tolerance. Rebalance recommended.

<4 hrs

Alert latency

Custom

Tolerance bands

1 click

Rebalance time

WHO

// Built for

Three kinds of people who can't afford
to not know.

DB Scheme Trustee

Margaret Ellison

Inherited a £180M portfolio from the previous trustee board. Hasn't built it. Needs to own it.

Before Ticker

Quarterly reports arrive as 60-page PDFs. Actuarial summaries bury the numbers that matter.

After Ticker

Ticker surfaces the 8 numbers Margaret needs before the 9am board call. Nothing buried.

£180M AUM · 3 advisers · 1 hour per report → 4 minutes

Independent Financial Adviser

James Okafor

Managing 43 client pots across 8 providers. Compliance window is 6 weeks. Always.

Before Ticker

Cross-provider fee reconciliation is manual. One client's hidden platform charge took 3 days to find.

After Ticker

Ticker reconciles all 8 providers overnight. James sees every client's fee drag by 7am.

43 pots · 8 providers · 3 days → overnight

In-House Pension Manager

Priya Chandrasekaran

Reports to a board that wants answers in slides, not spreadsheets. Finance director asks hard questions.

Before Ticker

Translating actuarial data into board language takes a full week before each quarterly meeting.

After Ticker

Ticker's board export produces slide-ready attribution analysis. One click, zero reformatting.

1 week prep → 1 click · Board-ready slides

// The cost of not knowing

38 basis points.
A decade later.

The hidden fees Ticker finds on a typical £340M scheme. Left unaddressed, compounded at 4% annual growth — this is what you're giving away.

Projection horizon10 years
1 yr20 yrs

Cumulative fee leakage over 10 years

£4.95M

Compounded at 4% · Starting from £412K/yr leakage

Cumulative loss by year

Yr 1Yr 10

// The question

How many years has your scheme been paying fees it didn't know about?

The average DB scheme Ticker first analyses has been carrying undetected fee drag for 3.2 years. The first analysis takes 4 minutes. The savings last decades.

Average hidden fee drag identified£380K/yr
Time to first analysis4 minutes
Average schemes analysed per IFA43 pots
Schemes analysed to date2,140+
Analyse Your Scheme Free

// Demo Scheme · Northfield Municipal Pension Trust

The dashboard, live.

No sign-up needed. This is a real scheme's anonymised data — the same view trustees see at 6am.

ticker · Fee Decomposition
LIVE

Annual Fee Decomposition · FY2025

£630.3K total · £272K hidden

ManagerMandateAUMBpsAnnual CostStatus
BlackRock AquilaUK Equity Index£85.2M12£102.2KClear
Legal & General IMLDI Portfolio£139.4M8£111.5KClear
SchrodersMulti-Asset£54.8M45£246.6KFlagged
State StreetCustody & Admin£340.0M5£170.0KClear
Platform RebateUndisclosed8−£272.0KFlagged

This is the demo scheme. Your scheme's numbers are waiting.

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