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

Join now

 

Already a Professional Pensions
member?

Login

More on Investment

Trump tariffs making schemes 'rethink' US holdings

Trump tariffs making schemes 'rethink' US holdings

Isio says European schemes focused on reducing allocations and ‘damage limitation’

Jasmine Urquhart
clock 02 May 2025 • 1 min read
LGPS Central launches stewardship service

LGPS Central launches stewardship service

Midlands LGPS pool says service designed to ease governance burden on partner funds

Martin Richmond
clock 02 May 2025 • 1 min read
How the way schemes are working with asset managers is changing

How the way schemes are working with asset managers is changing

As schemes grow in size and sophistication, collaboration is becoming key

Charlotte Moore
clock 01 May 2025 • 8 min read
Trustpilot