# Boots Pensions Limited

Boots Pensions Limited is a Pension Fund based in Nottingham, United Kingdom.

## Overview

- **Organization type:** Pension Fund
- **Headquarters:** Nottingham, United Kingdom
- **Region:** Europe
- **Address:** 1 Thane Road West, Nottingham, NG2 3AA, United Kingdom
- **Founded:** 1935
- **Assets under management:** Undisclosed
- **Website:** www.wba-boots-pensions.co.uk
- **LinkedIn:** https://linkedin.com/company/boots-pensions-limited

## Regulatory record

- **Reports private funds:** No

## About

Boots Pensions Limited was incorporated in 1935 to deliver retirement benefits to employees of The Boots Company PLC. The scheme remains sponsored by the UK retail pharmacy business now owned by Walgreens Boots Alliance. The fund maintains exposure to private equity through commitments such as Basalt Infrastructure Partners III and Kennedy Lewis Capital Partners Master Fund II. It also holds direct interests in UK commercial property via the Pension Funding Partnership and a Schroders-managed portfolio. Geographic focus stays within the United Kingdom with additional allocations to global infrastructure and financial services vehicles. Service providers include Legal & General for the bulk annuity covering roughly 53,000 members, Northern Trust as custodian, and Aon as scheme actuary. Two charitable vehicles, the Boots Benevolent Fund and Boots Charitable Trust, operate alongside the pension scheme. The pension fund operates under UK regulatory requirements with an independent trustee and external actuarial oversight.

## Sectors

- Real Estate
- Infrastructure

## Questions

### What asset classes appear in the fund's allocations?

Holdings include private equity, UK commercial real estate, infrastructure funds, and fixed income vehicles.

### Does the scheme use bulk annuities?

Yes. A Legal & General bulk purchase annuity covers benefits for approximately 53,000 members.

### Are there related charitable structures?

The Boots Benevolent Fund and Boots Charitable Trust provide employee welfare and Nottinghamshire community grants.

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- [VCU Foundations](https://altss.com/profile/vcu-foundations)
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Last updated: 2026-06-03T20:00:00.000Z

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