Premier Foods, the UK’s largest food producer, has outsourced the management of the administration for its RHM defined benefit (DB) pension scheme to Aon Hewitt.
The 5-year appointment will see Premier’s team administer the scheme from its Croydon office, before moving to a new Aon Hewitt premises in Croydon later this year. Aon Hewitt plans to grow Croydon as a pensions administration centre of excellence, attracting additional clients and offering employees an opportunity to develop their careers and skills with an experienced employee benefits provider.
The appointment adds to Aon Hewitt’s growing portfolio of large administration clients who are outsourcing for the first time, having recently taken on the administration of BMW’s UK pension scheme.
Malcolm Connelly, Group Pensions Manager at Premier Foods commented: “Once the decision to outsource our pension scheme administration was made, Premier Foods and the Trustees wanted to find a specialist who demonstrated that they could recognise and deliver against the best interests of both our pensions team and our scheme members.
“We were impressed by Aon Hewitt’s people-focused approach and their commitment to working closely in partnership with us to ensure the positive future development of our scheme administration.”
Stuart Heatley, Administration Practice Leader for Aon Hewitt said: “We are delighted to have this opportunity to work with Premier Foods. We look forward to introducing a gradual programme of transformation in order to build on the good work already done in providing a high quality service to scheme members.”
Source : AON Hewitt Press Release
