Avon Cosmetics Pension Plan

Avon Cosmetics Pension Plan

The Avon Cosmetics Pension Plan operates as the occupational pension scheme for Avon Cosmetics Limited employees. Michelle Parczuk, Chief People Officer at Avon, serves as chair. The scheme publishes required governance documents and uses resources from the Pensions and Lifetime Savings Association. Asset allocation includes global mixed-use property investments, a commodity exposure pool, a UK bulk purchase annuity with M&G, and a dedicated risk management pool. The plan maintains relationships with Isio for administration and Dalriada Trustees Limited for independent oversight. Geographic exposure centers on the United Kingdom with additional property holdings outside the UK. No public data exists on total assets or team size. The plan has no disclosed additional offices or adjacent vehicles beyond its core mandate. Recent operational details remain limited to standard trustee appointments and regulatory filings. Governance relies on a mix of employer-nominated, member-nominated, and independent trustees, a structure required for UK occupational schemes of this type.