£240m Calor Group plan appoints GSAM as fiduciary manager

GSAM replaces Cardano as trend for schemes to review existing arrangements continues

Jonathan Stapleton
clock • 2 min read
Roger Mattingly, Christy Jesudasan and Peter Daniels
Image:

Roger Mattingly, Christy Jesudasan and Peter Daniels

The Calor Group Retirement Benefits Plan has appointed Goldman Sachs Asset Management (GSAM) as fiduciary manager to replace Cardano.

The liquefied petroleum gas supplier's scheme said the appointment followed a competitive tender process overseen by Barnett Waddingham. The scheme has been under fiduciary management since 2019. ...

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 Defined Benefit

What will the 2025 LGPS valuations have in store?

What will the 2025 LGPS valuations have in store?

Rob Bilton says the 2025 valuations will not just be about numbers

Rob Bilton
clock 12 June 2025 • 4 min read
Partner Insight: Endgame strategies for DB schemes

Partner Insight: Endgame strategies for DB schemes

Aon
clock 11 June 2025 • 1 min read
Average time to buyout falls to record low in May, Barnett Waddingham finds

Average time to buyout falls to record low in May, Barnett Waddingham finds

DB End Gauge Index reveals average time to buyout for FTSE 350 schemes fell to 3.6 years last month

Martin Richmond
clock 10 June 2025 • 1 min read
Trustpilot