Schroders completes £75bn transfer of Scottish Widows and Lloyds Banking assets

Seven tranches

Tom Ellis
clock • 1 min read

Schroders has has completed the on-boarding of £75bn Scottish Widows and Lloyds insurance wealth-related assets after the strategic announcement of the two groups in 2018.

The transfer of assets, which the companies claimed to be the largest shift undertaken in the UK, was completed through seven tranches between September 2019 and March 2020.  The mandates are ma...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

More on Industry

DWP's CDC consultation a 'significant milestone' for UK pension schemes

DWP's CDC consultation a 'significant milestone' for UK pension schemes

The industry has responded to the DWP’s consultation on CDC extension

Holly Roach
clock 20 November 2024 • 5 min read
Fidelity to integrate private assets into default investment strategy via LTAF

Fidelity to integrate private assets into default investment strategy via LTAF

Firm’s Diversified Private Assets LTAF received regulatory approval in August

Holly Roach
clock 20 November 2024 • 2 min read
Hike in energy prices pushes inflation above BoE target at 2.3% in October

Hike in energy prices pushes inflation above BoE target at 2.3% in October

Slim chances of rate cut before year-end

Cristian Angeloni
clock 20 November 2024 • 2 min read
Trustpilot