UK - Schroder Investment Management has sold its DC administration business to Alexander Forbes and its consulting arm Lane, Clark & Peacock as part of Schroder's plan to refocus its core activities.
Alexander Forbes and Lane, Clark & Peacock have acquired Schroder Pensions for £22.5m, the net asset value of the business at the end of August. AF will own 75% of Schroder Pensions, while LCP will...
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