British Steel Pension Scheme appoints LGIM to manage DB assets

A number of BSPS employees will transfer to LGIM to support the transition

Holly Roach
clock • 1 min read
British Steel Pension Scheme appoints LGIM to manage DB assets

The British Steel Pension Scheme (BSPS) has appointed Legal & General Investment Management (LGIM) to manage the combined assets of its defined benefit (DB) scheme.

Under the agreement, a number of the scheme's in-house investment manager employees will transfer to LGIM to support the transition. The transition between LGIM and the British Steel scheme - wh...

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 Investment

Investment managers call for no further changes to pension tax regime

Investment managers call for no further changes to pension tax regime

Polling suggests policy change disincentivises saving and weakens retirement confidence

Alex Levy
clock 22 September 2026 • 2 min read
Pension schemes face practical barriers to investing in UK growth, finds TPR

Pension schemes face practical barriers to investing in UK growth, finds TPR

Success of Mansion House will depend on a ‘pipeline of UK investment opportunities’

Alex Levy
clock 21 September 2026 • 4 min read
Infrastructure investment boosts pension saver sentiment, research shows

Infrastructure investment boosts pension saver sentiment, research shows

Investment firms say member engagement could boost support for productive investment

Alex Levy
clock 18 September 2026 • 2 min read
Trustpilot