UK - Jardine Lloyd Thompson has been chosen to provide administration services to the pension schemes of hotel chain Le Meridien and manufacturing firm CeDo.
JLT will administer a new money purchase scheme at Le Meridien, which provides benefits to around 1000 of its UK employees by the end of 2003.
Le Meridien vice-president of human resources Peter Bennett said: “The trustees were seeking an administrator capable of offering genuine value to the setting up and ongoing administration of the new scheme.”
CeDo would not disclose the nature of its scheme but its financial services manager Sylvia Murray said: “We are delighted to have appointed JLT to administer our schemes as the team demonstrated a high level of understanding of our needs and we are looking forward to working with them.”
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