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

Professional Pensions: Stories of the week

Professional Pensions: Stories of the week

Pension Schemes Bill, PRA takes action on insurers’ use of FundedRe, Opperman criticises PASA

Professional Pensions
clock 01 May 2026 • 1 min read
Professional Pensions wins top accolade at State Street Institutional Press Awards

Professional Pensions wins top accolade at State Street Institutional Press Awards

PP editor wins award for the consistent high-quality output during his career

Professional Pensions
clock 01 May 2026 • 1 min read
Industry says MNTs should have legal right to time to complete trustee duties

Industry says MNTs should have legal right to time to complete trustee duties

PP survey shows 70% back proposal put forward in ‘manifesto’ published by AMNT

Martin Richmond
clock 01 May 2026 • 2 min read
Trustpilot