# Wood Pension Plan

Wood Pension Plan is a Pension Fund based in Knutsford, United Kingdom.

## Overview

- **Organization type:** Pension Fund
- **Headquarters:** Knutsford, United Kingdom
- **Region:** Europe
- **Address:** Knutsford, United Kingdom
- **Founded:** 1912
- **Assets under management:** Undisclosed
- **Website:** https://wood-plan.com/

## Regulatory record

- **Reports private funds:** No

## About

Wood Pension Plan is a UK-based energy services organisation established in 1912. It manages a pension fund for its members, with a sector focus on biotech and life science.

## Sectors

- Real Estate
- Private Equity

## People

- Wood Pensions Trustee Limited — Corporate Trustee

## Questions

### What is the Wood Pension Plan's relationship with John Wood Group PLC?

The plan is the corporate defined-benefit pension scheme for John Wood Group PLC, the FTSE 250 energy services and engineering firm. John Wood Group is the sponsoring employer, meaning it bears the ultimate obligation to fund any deficit. Wood Pensions Trustee Limited, a separate corporate trustee, governs the plan as an independent fiduciary on behalf of the member base.

### How did the 2024 Sidara acquisition affect the pension plan?

When Sidara acquired John Wood Group for approximately £1.6 billion in 2024, the takeover triggered intensive negotiations between the Trustee and Sidara over the future covenant. The Trustee sought and obtained binding commitments around post-acquisition funding support and security for the plan's deficit. The deal marked a highly visible example of pension trustee engagement shaping a public-to-private transaction outcome.

### What asset classes does the Wood Pension Plan invest in?

The plan allocates across private equity and real estate, with a private-equity tilt toward buyout strategies. Confirmed property holdings include commitments to two LaSalle-managed UK funds: the Core Property Fund and the Inflation Linked Property Fund. These investments serve the scheme's need for long-duration, partially inflation-hedged cash flows.

## Related profiles

- [WOOD & Company](https://altss.com/profile/wood-company)
- [Wood Tarver Financial](https://altss.com/profile/wood-tarver-financial)

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Last updated: 2026-08-10T23:49:37.812Z

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