Schroders now manages more than £500m in assets across 10 defined benefit schemes through Enplan, the consolidation platform developed by Entrust and Isio.
The milestone comes 18 months after Schroders joined as investment partner, with 10 schemes ranging from £10m to over £100m now using its solutions.
Enplan, launched in 2017, offers a combined governance, administration, actuarial and investment service to DB schemes. It currently supports over £1bn in assets across more than 60 schemes.
The growth highlights rising demand for scalable consolidation models and access to institutional-grade investment options for smaller and mid-sized pension schemes.
Isio head of DB consolidation Ed Wilson says: “We’re incredibly proud of what Enplan has achieved. This milestone shows how smaller schemes, when brought together on a well-designed investment platform, can benefit from real economies of scale. In partnership with Schroders, we’re helping schemes improve their member outcomes, stay on track for their long-term goals, and ease the financial and governance burden for their sponsoring employer.”
Schroders global co-head of client solutions Ajeet Manjrekar says: ‘This achievement reflects the strength of our partnership with Enplan and our commitment to delivering innovative, scalable investment solutions to DB schemes of all sizes. We’re proud to help redefine what’s possible for smaller pension schemes by bringing them the same investment capabilities as those available to larger funds at similar costs.”
Entrust CEO Stuart Evans says: “Our objective has always been to provide smaller schemes with the same high standards of governance, service and investment support that larger schemes benefit from. This £500m milestone is a clear demonstration of how that vision is becoming a reality.”