£240m Calor Group plan appoints GSAM as fiduciary manager

GSAM replaces Cardano as trend for schemes to review existing arrangements continues

Jonathan Stapleton
clock • 2 min read
Roger Mattingly, Christy Jesudasan and Peter Daniels
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Roger Mattingly, Christy Jesudasan and Peter Daniels

The Calor Group Retirement Benefits Plan has appointed Goldman Sachs Asset Management (GSAM) as fiduciary manager to replace Cardano.

The liquefied petroleum gas supplier's scheme said the appointment followed a competitive tender process overseen by Barnett Waddingham. The scheme has been under fiduciary management since 2019. ...

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Jonathan Stapleton
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