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

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

More on Industry

Inflation picture becomes 'increasingly ugly'

Inflation picture becomes 'increasingly ugly'

Bank of England cut unlikely

Linus Uhlig
clock 17 September 2025 • 2 min read
News Digest: State pension likely to rise by 4.7% next year

News Digest: State pension likely to rise by 4.7% next year

PP brings together all the latest news on pensions from across the national and financial media

Professional Pensions
clock 17 September 2025 • 1 min read
IFoA makes series of recommendations to boost outcomes and create 'inclusive' pension system

IFoA makes series of recommendations to boost outcomes and create 'inclusive' pension system

The organisation said ‘persistent’ pension gaps need to be closed

Holly Roach
clock 16 September 2025 • 4 min read
Trustpilot