Pension Fund

Updated:

Taylor Wimpey Pension Scheme

The scheme was formed in 2013 through the merger of the George Wimpey Staff Pension Scheme and the Taylor Woodrow Group Pension & Life Assurance Fund.

Taylor Wimpey Pension Scheme logo

Taylor Wimpey Pension Scheme

The scheme was formed in 2013 through the merger of the George Wimpey Staff Pension Scheme and the Taylor Woodrow Group Pension & Life Assurance Fund. Taylor Wimpey PLC serves as the sponsoring employer. Portfolio construction centers on LDI segregated assets valued at £1.355 billion, annuity policies at £128 million, and allocations to commercial real estate debt funds including M&G Real Estate Debt Fund III. Geographic exposure remains concentrated in the United Kingdom with additional commitments across Europe. The scheme also maintains a Pension Funding Partnership with the sponsor. Redington Limited provides ongoing investment advice. Service providers include Hymans Robertson as scheme administrator and XPS Pensions Consulting as actuary. The scheme participates in the European Pension Fund Investment Forum and sponsors the Taylor Wimpey Challenge charity event. Governance follows a formal Responsible Investment Policy with annual TCFD reporting and signatory status to the UN PRI and IIGCC.

General information

Firm type

Pension Fund

Year founded

2013

Location

Region

Europe

Country

United Kingdom

City

High Wycombe

Corporate office

Gate House, Turnpike Road High Wycombe

Sector focus

Diversified

Frequently asked questions

Who provides investment advice to the Taylor Wimpey Pension Scheme?

Redington Limited has served as investment advisor since 2016. The firm assists with asset allocation across LDI, credit and real estate debt holdings.

What asset classes appear in the Taylor Wimpey Pension Scheme portfolio?

Holdings include LDI segregated assets of nominal and index-linked gilts, bulk annuity buy-in policies, and commercial real estate debt funds. A Pension Funding Partnership supplies additional sponsor support.

How is the Taylor Wimpey Pension Scheme governed relative to its sponsor?

Taylor Wimpey PLC acts as sponsoring employer. Independent trustees from Law Debenture Pension Trust Corporation plc participate in oversight alongside the scheme actuary and auditor.

Does the Taylor Wimpey Pension Scheme maintain ESG or responsible investment policies?

A formal Responsible Investment Policy guides manager selection. The scheme publishes annual TCFD and Stewardship Implementation Statements and holds signatory status with UN PRI and IIGCC.

Which legacy schemes merged to create the Taylor Wimpey Pension Scheme?

The George Wimpey Staff Pension Scheme and Taylor Woodrow Group Pension & Life Assurance Fund merged into the current scheme in 2013.

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