# DHL Group Pensions Department

DHL Group Pensions Department is a Pension Fund based in Bedford, United Kingdom.

## Overview

- **Organization type:** Pension Fund
- **Headquarters:** Bedford, United Kingdom
- **Region:** Europe
- **Address:** Howard House 40-64 St Johns Street, Bedford, MK42 0DJ, United Kingdom
- **Founded:** 2009
- **Assets under management:** 5042 (Altss estimate)
- **Website:** mypension.dhl.co.uk

## Regulatory record

- **Reports private funds:** No

## About

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.

## Sectors

- Diversified
- Infrastructure
- Real Estate

## People

- Peter Flanagan — Chairman of the Board of Trustees
- Tony Chapman — Trustee Director

## Questions

### Who runs investment decisions at DHL Group Pensions Department?

Peter Flanagan serves as Chairman of the Board of Trustees. Tony Chapman acts as Trustee Director. Day-to-day investment advice is provided by WTW and LCP.

### Does DHL Group Pensions Department participate in fund commitments or only direct deals?

The plan commits to commingled funds including DHL Pensions Investment Fund and external vehicles managed by Aviva Investors and Partners Group.

### What asset classes does DHL Group Pensions Department hold?

Holdings span global equities, UK commercial real estate, and infrastructure assets. Specific positions include Aviva Lime Property Fund and Infrastructure Equity MFG Fund.

### How is DHL Group Pensions Department related to DHL Group?

DHL Group acts as the sponsoring employer. The plan remains legally separate with its own trustee board and investment vehicles.

### Which industry associations does DHL Group Pensions Department belong to?

The plan is a member of the Pensions and Lifetime Savings Association and a signatory to the UK Stewardship Code.

## Related profiles

- [Birta Pension Fund](https://altss.com/profile/birta-pension-fund)
- [Sparkasse Göttingen](https://altss.com/profile/sparkasse-g-ttingen)

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Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/dhl-group-pensions-department

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