The trustee of the Santander UK Group Pension Scheme has hired JLT Employee Benefits (JLT EB)for administration services across its defined contribution (DC) and defined benefit (DB) schemes.
Previously, Santander's administration was run by various firms. Within the SUKGPS, JLT ran six of the scheme's DB sections, while Mercer ran the legacy Alliance & Leicester (A&L) DB section and Capita...
Schemes and their administrators have rightly received much praise for ensuring that pensions have continued to be paid in full and on time during an unprecedented period of disruption.
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