The Electricity Supply Pension Scheme (ESPS) is looking for a new pension administrator, Professional Pensions reports. The U.K. pension scheme is mulling a restructuring of its central services with the appointment.
ESPS has invited several interested companies to submit their tenders to be considered for a competition exercise. The pension scheme has two levels with different functions allocated to a scheme-wide trustee section, the employers collectively and individual principal employers.
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