Schroders Plc Pension Scheme

Schroders Plc Pension Scheme

The Schroders Plc Pension Scheme is the corporate defined-benefit plan for Schroders Plc, the London-listed global asset manager. The scheme is overseen by a trustee board chaired since at least the early 2020s by Lisa Mundy, a professional trustee at BESTrustees, following a prior tenure under Vivien Cockerill of The Trustee Corporation. As a legacy DB plan, its primary function is to meet pension obligations to current and former Schroders employees. Investment strategy extends across several alternative asset classes. The scheme holds a UK real estate debt portfolio focused on commercial property, a UK junior infrastructure debt allocation, and global real estate exposure accessed through Schroders' own Climate+ Long-Term Asset Fund. In addition, the scheme has committed to natural capital and biodiversity assets on a global basis. Sophie Dapin, who serves as both a Member Nominated Trustee and a Fiduciary Manager at Schroders, represents the structural integration of scheme governance with the sponsor's investment engine. The scheme's precise funding level, total asset size, and internal team headcount are not publicly disclosed. The trustee roster indicates a lean governance structure, with day-to-day investment management and advisory functions delivered through Schroders' own fiduciary management platform. This creates a concentrated relationship where the scheme acts as both a client and a showcase for Schroders' pooled fund vehicles, notably the Climate+ LTAF. The scheme's architecture is defined by its dual identity: an independent pension trust that is also an embedded LP in the sponsor's funds. The presence of a Member Nominated Trustee who simultaneously works as a Schroders fiduciary manager underscores the overlap. Succession and governance are channeled through the trustee board, which has historically drawn independent professional chairs alongside member and employer-nominated representatives.