Marks & Spencer Pension Trust Selects Northern Trust for Asset Servicing Solutions

LONDON–(BUSINESS WIRE)–Northern Trust (Nasdaq: NTRS) today announced it has been selected by Marks & Spencer Pension Trust (M&SPT) in the United Kingdom (UK) to provide a range of asset servicing solutions to the M&S Pension Scheme, a defined benefit (DB) pension scheme of which M&SPT is trustee. With £11 billion of assets (as at 31 March 2020), the M&S Pension Scheme is one of the country’s 25 largest corporate pension schemes (source: Pension Funds and their Advisers 201