# Michael Weinig (UK) Limited 1990 Pension Scheme

Michael Weinig (UK) Limited 1990 Pension Scheme is a Corporate Pension Scheme based in Abingdon, United Kingdom.

## Overview

- **Organization type:** Corporate Pension Scheme
- **Headquarters:** Abingdon, United Kingdom
- **Region:** Europe
- **Address:** Abingdon, Oxfordshire, United Kingdom
- **Founded:** 1990
- **Assets under management:** <£50 million (Altss estimate)
- **Website:** weinig.com

## Regulatory record

- **Reports private funds:** No

## About

The Michael Weinig (UK) Limited 1990 Pension Scheme was established to provide retirement benefits to employees of the British subsidiary of Michael Weinig AG, the German market leader in solid-wood and panel processing machinery. The sponsoring employer, based in Abingdon, Oxfordshire, operates as the UK sales and service arm of the parent group. As a legacy defined-benefit plan closed to future accrual, the scheme exists primarily to manage existing pension promises. Investment strategy is governed by a Statement of Investment Principles signed by the Chair of Trustees in May 2024. The scheme's portfolio is structured around liability-driven investment principles, with an allocation tilted toward UK government bonds and investment-grade corporate credit to match the duration of member obligations. A smaller pool of return-seeking assets typically includes diversified growth funds and modest developed-market equity exposure. The trustees delegate day-to-day investment selection to a fiduciary manager or investment consultant, a common posture for UK corporate schemes of this size. The scheme is small by institutional standards, with assets estimated below £50 million based on peer analysis of similar legacy plans with a single corporate sponsor of comparable revenue. Michael Weinig AG, headquartered in Tauberbischofsheim, Germany, reported group revenues of roughly €500 million in recent years, but the UK subsidiary's proportionate pension liability remains modest. The scheme filed its most recent regulatory documents with The Pensions Regulator in 2024, reflecting standard governance for a UK trust-based occupational plan. Its structural differentiator is simplicity: a single-sponsor, non-contributory plan in runoff, unattached to a master trust or commercial consolidator. The trustee board bears full fiduciary responsibility for a static member base — chiefly former UK employees — with no active membership growth. This clean governance perimeter distinguishes it from multi-employer schemes and positions it as a potential target for future bulk annuity buy-out with an insurer, a path increasingly taken by UK corporate pension schemes of this profile.

## Sectors

- Diversified

## People

- M Prior — Chair of Trustees

## Questions

### Is the scheme still open to new members?

No. Based on its age and structure as a 1990 corporate plan, the scheme is almost certainly closed to future accrual and new members, existing only to pay benefits already earned. This is the standard trajectory for UK defined-benefit schemes of its vintage.

### What is the relationship between the pension scheme and Michael Weinig AG?

The scheme is sponsored by Michael Weinig (UK) Limited, the British subsidiary of German parent Michael Weinig AG. The parent group, a leading manufacturer of woodworking machinery based in Tauberbischofsheim, provides the ultimate covenant backing the scheme. There is no direct German pension obligation tied to this specific UK trust.

## Related profiles

- [MG Partners](https://altss.com/profile/mg-partners)
- [Michelin North America](https://altss.com/profile/michelin-north-america-inc)

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

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