Schroders Solutions

Scheme will use around 10% of SRBS surplus per annum to help fund DC section

Mandate focuses on integrating ESG factors into the scheme’s investment decision making

The report forms part of the pair’s Lifetime Savings Initiative and makes series of recommendations

Mandate involves providing the scheme with an investment platform aligned with its goals

Profits down as a result of restructuring costs but assets under management up by 2%

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

Enplan provides smaller DB schemes with a governance and operational solution

The mandate covers five of Kier Group’s schemes which total £1.2bn in assets

Index will follow the process of the firm’s sustainable multi-factor equity fund

Schroders Solutions executive chairman James Barham speaks to Jonathan Stapleton