UK-based employee benefits consultants Michael Kirk & Partners has captured two further pension administration contracts for occupational schemes, and has replaced rival's William M Mercer and Axa Sun Life in the process.
The National Recruitment Consultants Badenock & Clark has dropped Axa Sun Life for its 400 staff defined contribution scheme. The scheme is also being re-structured by MKP to stakeholder shape configuration with Standard Life.
In addition, the 70 strong defined contribution scheme for industrial heating component manufacturers Eltron Chromalox has dumped William M Mercer and transferred consultancy and administration of its pension arrangements to MKP.
The new contracts come on the back of the NAVB and Tiling Association affinity group schemes gained by MKP earlier in the year. MKP is also expect to announce work with a further multi-centre national organisation in the coming weeks.
Acquired last year, Company Benefits is seen as an important adjunct to Croydon-based MKP in offering corporate clients a full employee benefits service.
By Scott Anderson
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