Threadneedle Investments has been appointed by Marks & Spencer, the retail giant, to manage its defined UK contribution (DC) pension scheme.

The award is the biggest win ever for Threadneedle's DC team, which was launched in April last year and has 16 clients. Threadneedle manages a total of £43bn (€68bn) for institutional and retail clients.

UK retail giant will offer generous contributions

Alistair Graham

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Threadneedle wins DC mandate from M&S

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