Loomis U.K. Plan Appoints Mercer

Loomis U.K. Pension Scheme has hired Mercer as administrator.

Loomis U.K. Pension Scheme has hired Mercer as administrator, Professional Pensions reports. Mercer will provide administration services, covering both defined benefit and defined contribution, and including annuity broking. Previously, Mercer was appointed to provide implemented consulting in 2010. Mercer is also responsible for the actuarial, investment and benefit consulting services of the cash management firm.

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