Sackers advises Royal Mail Pension Plan on its innovative CIO outsourcing
Royal Mail Pension Plan (RMPP) has selected BlackRock to manage its £8.8bn pension scheme assets as an outsourced chief investment officer (OCIO). The transfer of staff and assets completed on 1 February. Sackers advised the Trustee and executive team, helping them to navigate the complex regulatory, legal and governance hurdles involved. This included negotiating the...