UK - Gissings has been appointed by Parity Group, an international IT solutions company, to provide a range of pensions and investment advisory services.
Gissings will provide administration, actuarial, investment advisory and accounting services to Parity’s final salary and money purchase schemes. The combined asset value of the schemes is approximately £16m. The appointment is effective from April 1, 2002.
Parity operates from more than 50 offices across the UK, mainland Europe and the US.
Howard Morgan, pensions manager of Parity, said: Like any prudent business we are always seeking ways to improve delivery of our employee benefits. Gissings understands that employee benefits ought to be a strategic consideration for a business and structured in a way to meet an employer’s desire to control cost without compromising quality or delivery.
Gissings will also provide consulting services to Parity on its permanent health insurance, and death in service benefits.
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