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AkzoNobel CPS Pension Scheme
The scheme serves as the defined benefit pension plan for AkzoNobel employees in the United Kingdom. Akzo Nobel N.V. established the arrangement.
AkzoNobel CPS Pension Scheme
The scheme serves as the defined benefit pension plan for AkzoNobel employees in the United Kingdom. Akzo Nobel N.V. established the arrangement. Akzo Nobel (CPS) Pension Trustee Limited acts as corporate trustee. Assets stand at $2.5 billion. The scheme completed a longevity swap valued at approximately 1.1 billion GBP in 2015 and updated the contract in 2020. Investment managers include BlackRock, Legal & General Investment Management, and Insight Investment. Willis Towers Watson serves as investment advisor and Northern Trust as custodian. The geographic focus remains the United Kingdom. No additional offices or named principals appear in available records. Service provider relationships date to at least 2010.
General information
Firm type
Pension Fund
Year founded
1941
Location
Region
Europe
Country
United Kingdom
City
Slough
Corporate office
Slough, United Kingdom
Frequently asked questions
Who sponsors the AkzoNobel CPS Pension Scheme?
Akzo Nobel N.V. sponsors the scheme as the defined benefit pension plan for its UK employees.
What is the scale of the longevity hedge in place?
A longevity swap covers approximately 40 percent of pensioner liabilities. The contract was executed in 2015 and expanded in 2020 at a value of roughly 1.1 billion GBP.
Which firms provide investment management services?
BlackRock, Legal & General Investment Management, and Insight Investment act as investment managers.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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