British American Tobacco UK Pension Fund

British American Tobacco UK Pension Fund

The British American Tobacco UK Pension Fund was established in 1991. It functions as the defined benefit pension scheme for British American Tobacco employees in the United Kingdom. British American Tobacco p.l.c. serves as the sponsoring employer. The fund maintains a global real estate portfolio and commodities exposure. It executed bulk purchase annuity buy-in policies in 2019, 2021, and 2022. British American Tobacco UK Pension Fund Trustee Limited holds responsibility for management and governance, with Alexander Graeme Munro serving as a director. No headcount or AUM figures appear in public records. The fund is a signatory to the Institutional Investors Group on Climate Change and endorsed the 2021 Global Investor Statement to Governments on the Climate Crisis. Administration is provided by Capita Employee Solutions.