DHL Group Pensions Department

DHL Group Pensions Department

DHL Group Retirement Plan was established in 2009. It serves current and former employees of DHL Group in the United Kingdom through separate sections such as Exel and Ocean. The plan allocates across listed equities, UK commercial property, and infrastructure funds. Confirmed holdings include positions in Aviva Lime Property Fund, Aviva Investors Renewable Infrastructure, and Infrastructure Equity MFG Fund. Geographic exposure centers on the United Kingdom and global developed markets. Investments occur through commingled vehicles such as DHL Pensions Investment Fund and direct mandates with external managers. Assets total 5042 million USD. The plan maintains a corporate trustee structure via DHL Trustees Limited. It participates in the PLSA Annual Conference as an attendee in October 2024. Service providers include WTW for actuarial and advisory work and BNY Mellon as custodian. Governance rests with a board of trustees that includes representatives linked to the sponsoring employer DHL Group. The structure separates plan assets from the parent company's operating balance sheet while maintaining covenant oversight through dedicated advisors.