Gissings, the UK employee benefits advisory firm, has been appointed to carry out the administration of two pension plans.
Gissings has been appointed by Jones Lang LaSalle to carry out the administration of the property firm's £83m defined benefit (DB) scheme.
Gissings has also been appointed to administer the hybrid defined benefit/defined contribution pension scheme of Givaudan, the fragrance producer. The incumbents were Watson Wyatt for the DB scheme and Prudential for the DC scheme. Competing advisory firms were Hymans Robertson and Jardine Lloyd Thompson.
Last year Gissings was appointed to administer Jones Lang LaSalle's new defined contribution scheme, which was previously carried out in-house.
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