Pension Fund

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MRC Pension Scheme

The MRC Pension Scheme was established in 1975 to serve employees of the Medical Research Council. The scheme lists UK Research and Innovation as its principal...

MRC Pension Scheme logo

MRC Pension Scheme

The MRC Pension Scheme was established in 1975 to serve employees of the Medical Research Council. The scheme lists UK Research and Innovation as its principal sponsoring employer and receives administration support from MNPA. The scheme allocates to private equity at 12 percent of assets and maintains a global real estate mandate with CBRE Investment Management. It also holds positions in pooled vehicles from BlackRock and Legal & General Investment Management as well as the State Street All World Screened Index Fund. Geographic exposure spans the United Kingdom and international markets. The scheme retains Aon and Redington as investment advisors and added Aptia Employee Benefits in 2024. It participates in trustee board meetings and investment subcommittee meetings focused on asset allocation and ESG integration.

General information

Firm type

Pension Fund

Year founded

1975

AUM

Undisclosed

Location

Region

Europe

Country

United Kingdom

City

Stretford

Corporate office

Maclaren House Talbot Road, Stretford, Wiltshire, United Kingdom

Sector focus

HealthcareDiversified

Frequently asked questions

Who sponsors the MRC Pension Scheme?

UK Research and Innovation serves as the principal sponsoring employer. The Medical Research Council remains the original namesake and founding body.

Which advisors support the scheme's investment decisions?

Aon and Redington act as investment advisors. KPMG LLP provides accounting services and Law Debenture Pension Trust Corporation serves in a legal capacity.

What asset classes appear in the scheme's portfolio?

Private equity represents 12 percent of assets. The scheme also maintains a global real estate mandate and exposure to index-linked bonds and diversified growth funds.

Does the scheme belong to any industry groups?

The scheme and its trustees are members of the Pensions and Lifetime Savings Association.

How is the scheme administered?

MNPA provides pension administration services. Trustee oversight covers governance, manager monitoring, and actuarial valuations.

Profile maintained by 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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