UK - Abbey National is outsourcing its pension review services to employee benefits group Jardine Lloyd Thompson.
Under the five-year deal, JLT will maintain all files relating to free-standing additional voluntary contributions reviews.
JLT director Duncan Howorth said: “Our future services will ensure that Abbey National fulfils its commitments and obligations to all investors should they have any queries relating to policies in the future.”
Abbey National head of pension review Janet Anderson said: “We decided the outsourcing of our pension review run-off was the most practical method of handling any enquiries that may arise.”
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