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Diageo Pension Scheme
Diageo is a UK-based multinational beverage alcohol company founded in 1997. It manages a pension fund for its employees. The company focuses on the biotech...
Overview
Diageo is a UK-based multinational beverage alcohol company founded in 1997. It manages a pension fund for its employees. The company focuses on the biotech and life science sectors.
General information
Firm type
Pension Fund
Year founded
1999
Location
Region
Europe
Country
United Kingdom
City
Edinburgh
Corporate office
Edinburgh, United Kingdom
Principals
Peter Goshawk
Chair of the Diageo UK Pension Fund
Sector focus
Frequently asked questions
Who runs investment decisions at the Diageo Pension Scheme?
The scheme is governed by an independent trustee board chaired by Peter Goshawk. Investment strategy is set at the trustee level, with day-to-day management carried out by the scheme's investment team and external managers. The trustees participate in the Occupational Pensions Stewardship Council and the A4S Asset Owners Network for governance and sustainable-finance guidance.
Is the Diageo Pension Scheme open to new members or closed?
Diageo PLC has moved toward defined-contribution arrangements for new employees in line with broader UK corporate trends, but the defined-benefit scheme remains active for legacy members. The exact closure status should be confirmed with the scheme's most recent annual report or statement of investment principles.
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