PELIKAN Hardcopy Scotland has appointed HSBC Actuaries and Consultants to provide a range of services for its UK defined benefit pension scheme.
HSBC will provide administration, actuarial and investment consultancy services to the trustees of the consumable specialists’ £16m DB scheme.
Pelikan Hardcopy said they chose HSBC a "one-stop solution centre" to address the firm’s pension needs.
Senior vice-president corporate planning Ng Cheong Seng said: "We would like to concentrate on our core business activities, leaving others to the experts. HSBC Actuaries and Consultants fully meet our expectations.
HSBC Actuaries and Consultants director and actuary Malcolm Paul added: "This appointment demonstrates our commitment to providing our clients with a complete holistic solution. We look forward to working closely with the trustees."
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