William M Mercer has replaced Entegria as actuarial and benefits consultant to National Express Group, a UK bus, train and coach company.
The business currently employs 40,000 staff and has a turnover of around £2bn, having rapidly expanded over the past two years in the UK, US and Australia.
The UK-based National Express Group Pension Plan has 1,000 members and a fund value of £15m. Mercer services will include actuarial, documentation, risk benefit and investment consulting.
The scheme was previously advised by Entegria and pension administration is handled in-house.
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