UK - The ING Pension Trust Fund has outsourced its defined benefit scheme's administration to Capita Hartshead.
Capita already services the defined contribution section from its Edinburgh office.
The DB section was previously administered in-house.
Scottish pension operations director Stuart Heatley said: “We feel this is testimony to our commitment for provision of DB and DC pension provision as a one-stop-shop.”
Standard Life has increased exposure to risk assets in three out of five funds in its Active Plus and Passive Plus workplace pension ranges.
Some 48% of employers are unaware of the services or help they offer to members of their defined contribution (DC) schemes, according to Aon.
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