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Ireland: Auto-enrolment slips to vaguer deadline

Top 1000 Pension Funds 2024

With a general election looming, there are concerns that workplace pensions will not be a priority

European champions

Reference Hub2024-07-12T10:37:00ZBy BNY Investments

Walter Scott¹ investment manager Alan Edington looks ahead to a big summer of sport and entertainment. One that is set to showcase not just a host of global superstars but also some of Europe’s leading companies.

Diageo pension scheme to plug £860m deficit with whisky

2010-07-01T13:31:00Z

UK/IRELAND – Drinks giant Diageo has announced its UK pension fund will tackle a £862m (€929m) deficit by investing in maturing whisky.

Analysis: How to navigate cyber security crisis management

2023-05-30T09:20:00Z

More than 400 pension funds using Capita’s services should check whether their scheme’s data could be affected

Diageo uses escrow funds to plug pensions deficit

2009-08-28T15:00:00Z

[16:00 CEST 28-08] UK – Diageo, the drinks giant, is transferring money set aside in an escrow account into its closed defined benefit pension fund, in a bid to improve the scheme’s deficit.

Diageo keeps benefits flowing

December 2002 (Magazine)

Diageo’s £2.9bn defined benefit scheme comprises eight membership categories: three non-contributory sections (closed since 1988); two main contributory sections (Silver and Gold); and three executive sections (two contributory, one non-contributory). The scheme has a total of 70,700 members and is open to all permanent, temporary or casual employees of the ...

Diageo decides on custodian

2000-12-12T10:00:00Z

UK - The UK-based Diageo Pension Scheme has re-appointed The Bank of New York (BNY) to act as global custodian for its fund, valued at £3.6bn (e6bn)

UK: Labour government seeks continuity with focus on boosting domestic investment

Top 1000 Pension Funds 2024

The Department for Work and Pensions will have its work cut out as the new Labour government starts a comprehensive pensions review

Diageo names new director of pensions

2003-02-14T04:52:00Z

UK – Drinks company Diageo has named Michael Glasgow to replace Steve Mingle as director of pensions.

Glasgow IM ousts MLIM at Diageo

2002-11-29T04:41:00Z

UK – UK drinks company Diageo says it has appointed Glasgow Investment Mangers to run a 280 million pound (438.6 million euro) all-equity mandate, taking over from Merrill Lynch Investment Managers, though MLIM still retains a European equities mandate.

Diageo takes E136m pensions charge

2003-07-09T03:37:00Z

UK – Drinks firm Diageo is to take a 95 million-pound (136.8 million euro) charge in relation to its 1.4 billion pound pension deficit.

Mingle wins Diageo

March 1998 (Magazine)

Ireland: All systems go for national auto-enrolment

Top 1000 Pension Funds 2023

Irish government aims to launch auto-enrolment retirement system in 2024

Europe next project for Diageo

June 1999 (Magazine)

Diageo transfers shares to cut E1.1bn deficit

2004-10-05T04:28:00Z

UK – Drinks firm Diageo has transferred four million shares in US cereal maker General Mills to its UK pension plan to help cut the scheme’s 750 million-pound (1.1 billion-euro) deficit.

Belgacom & Diageo among IPE award winners

2001-11-29T01:54:00Z

EUROPEAN SPECIAL – Belgacom, the €3.5bn pension fund for the Belgian telecommunications group and the UK’s Diageo, the €5.2bn scheme of the global drinks firm, were heralded as the first ever European winners for Fund Structure and Administration at the inaugural IPE-Awards ceremony for pension fund excellence held in Brussels ...

Diageo profits take E132m FRS17 hit

2004-07-09T03:01:00Z

UK – Drinks group Diageo says the FRS17 pension accounting standard has led to an 88 million-pound (132 million-euro) lower operating profit.

KLP blacklists NOK3bn of alcohol and gambling investments

2019-05-28T14:58:00Z

NOK692bn provider cites health and social issues as it cuts 90 companies from its investment universe

UK: Encouraging UK growth through consolidation

Top 1000 Pension Funds 2023

The UK government is pursuing plans to leverage pension assets to boost economic growth while generating best returns for members

Top 1000 Pension Funds 2024: Pensions back at a sweet spot

Top 1000 Pension Funds 2024

Assets for the leading 1000 European pension funds grew by 8.7% year-on-year, reversing last year’s loss of 6.8%. This brings total assets back up to above their previous high water mark of €9.7trn in 2022’s research exercise. This year’s overall net gain in assets of €775bn is the largest since 2021’s increase of €810bn.