UK - Paymaster, the pensions processing and administration division of corporate and employee services company Hogg Robinson, has announced the win of a five year pensions outsourcing contract with Coors Brewers.
The contract became effective on April 6, 2002 with over 4,000 active members.
Dave York, Coors Brewer's director of reward and pensions said: We previously handled our pensions administration in-house with Six Continents, but the sale of the business has encouraged us to seek an outsourced solution and we are delighted to appoint Paymaster in this role.
“The company currently has approximately 20,000 members in the Coors pension scheme, including over 10,000 pensioners. The trustees are confident that this appointment will provide all our scheme members with a very high standard of service from the outset and, through Paymaster's commitment to new technology, an improving ability for members to understand and plan for their future pension provision.
By Luke Clancy
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