RPC Containers Pension Fund

RPC Containers Pension Fund

The RPC Containers Limited Pension Scheme operates as a UK defined-benefit plan, sponsored by Berry Global Group, Inc. The scheme consolidated with the British Polythene Pension Scheme and M&H Staff Pension Plan in 2022 to form the Berry UK Pension Scheme, with administration handled by Aon. Lord Jamie Lindsay chairs the trustee board, and Steve Bane serves as a trustee director. Investment posture centers on direct property and pooled real estate funds. Known commitments include holdings in the Aberdeen Standard Investments Long Lease Property Fund and Aviva's REaLM Multi Sector Fund — both UK-focused vehicles. International exposure runs through the CBRE Osiris Property Fund, a global commercial property strategy. Industrial assets come via the Pension Funding Partnership Property Portfolio and the Tritax Property Income Fund, both UK mandates. Annuity policies with Canada Life provide a liability-matching layer. The merged Berry UK Pension Scheme trustees govern an undisclosed pool of retirement assets, with oversight provided by the Aon administration platform. No whole-fund AUM or deployment total is publicly available. Operating from Rushden, the scheme does not maintain additional offices or publicly list a professional headcount. The scheme's architecture differs from many corporate pensions in its reliance on third-party real estate funds rather than direct property management or an in-house investment team. Governance sits with a trustee board chaired by an external appointee, while all investment selection and administration is outsourced — a lean structure common among UK mid-market corporate plans.