UK - Actuarial and benefits consultancy Lane Clark & Peacock LLP (LCP) has won a £250m mandate to provide actuarial and investment consulting services to the Trustees of the Interbrew UK Ltd pension plan.
Interbrew UK is a subsidiary of Inbev, giant of the global brewing industry and owner of brands such as Stella Artois, Becks and Labatt.
Rebecca Shevill, pensions manager at Interbrew UK, said: “We chose LCP because it has the capability to service all of our requirements. Ultimately it is the right fit.”
The plan has assets of £250m and more than 5000 members.
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While the new powers are welcome, most respondents doubt it will make a difference to the outcomes for members, Pensions Buzz respondents say.