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Special Report

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Bus dispute settled

The dispute between the UK government and trustees of the two former National Bus pension schemes BEST and NBPF over approximately £200m (e304m) in pension surpluses has been settled. The government will pay £300m and £55.7m to trustees of BEST and NBPF, after the high court ruled money paid to the government at the time of privatisations in 1986 and 1990 belongs to the funds’ beneficiaries.

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  • QN-2559

    Asset class: Multi Assets.
    Asset region: -.
    Size: EUR 15m (may be split into two mandates EUR 7.5m).
    Closing date: 2019-09-06.

  • QN-2560

    Asset class: Private Equity.
    Asset region: Global.
    Size: $40m.
    Closing date: 2019-08-30.

  • QN-2561

    Asset class: Infrastructure.
    Asset region: Global.
    Size: $40m.
    Closing date: 2019-08-30.

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