Tesco DB scheme appoints Schroders as OCIO

Schroders Solutions to take over from Tesco Pension Investments to manage benefits of closed scheme

Jasmine Urquhart
clock • 2 min read
Tesco DB scheme appoints Schroders as OCIO

Schroders Solutions is set to manage the benefits of the closed Tesco Defined Benefit (DB) Pension Scheme as its new outsourced chief investment officer (OCIO).

The investment manager is set to take over from Tesco Investment Partnerships (TPI) to manage the scheme's investments, with a transfer of the portfolio to be completed by the end of this year. ...

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 Defined Benefit

Average DB transfer complainant to receive no compensation

Average DB transfer complainant to receive no compensation

Broadstone’s DB Redress Tracker shows typical redress compensation continues to fall

Jasmine Urquhart
clock 09 January 2025 • 1 min read
Tender Watch: SYPA appoints Northern Trust as custodian

Tender Watch: SYPA appoints Northern Trust as custodian

LGPS pool appoints Northern Trust as custodian for South Yorkshire Pension Fund

Professional Pensions
clock 09 January 2025 • 1 min read
PPF publishes first PPF 7800 Index following methodology revamp

PPF publishes first PPF 7800 Index following methodology revamp

Substantial downward revision in aggregate funding position but DB outlook ‘encouraging’

Jonathan Stapleton
clock 10 December 2024 • 4 min read
Trustpilot