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Electrolux PLC
The Electrolux Group Pension Scheme was established in 1987 as the corporate pension fund for UK employees of Electrolux. AB Electrolux serves as the...
Electrolux PLC
The Electrolux Group Pension Scheme was established in 1987 as the corporate pension fund for UK employees of Electrolux. AB Electrolux serves as the sponsoring employer and ultimate parent based in Sweden. The scheme deploys capital across UK property funds including BlackRock UK Property Fund and Aviva REaLM Multi Sector Fund, alongside infrastructure commitments to Macquarie European Infrastructure Funds and credit vehicles such as GSO European Senior Debt Feeder Fund. Geographic exposure centers on the United Kingdom and Europe. Assets total roughly $595 million. The scheme uses service providers including XPS Pensions Group for administration and LGIM for investment management. No operational events from the last 24 months appear in available records. The scheme operates under regulatory oversight from The Pensions Regulator and maintains eligibility for Pension Protection Fund coverage in case of sponsor insolvency.
General information
Firm type
Pension Fund
Year founded
1987
Location
Region
Europe
Country
United Kingdom
City
Luton
Corporate office
Addington Way, Luton, Bedfordshire, LU4 9QQ, United Kingdom
Principals
Peter Messetter
Chair of the Trustee Board
Mikael Lundgren
Company-appointed Trustee Director
Bari Mujeeb
Company-appointed Trustee Director
Frequently asked questions
Who runs investment decisions at Electrolux Group Pension Scheme?
The trustee board, chaired by Peter Messetter, oversees the scheme with company-appointed directors including Mikael Lundgren and Bari Mujeeb.
What asset classes does the scheme allocate to?
Allocations include UK property funds, European infrastructure, and global credit strategies through vehicles such as LGIM mandates and Macquarie funds.
How is the scheme related to AB Electrolux?
AB Electrolux is the sponsoring employer and parent company of Electrolux PLC.
Does the scheme participate in infrastructure investments?
Yes, commitments include Macquarie European Infrastructure Fund 2 and Macquarie European Infrastructure Fund 6.
What is the regulatory posture of the scheme?
The scheme falls under oversight by The Pensions Regulator and holds eligibility for Pension Protection Fund coverage.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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