Saint-Gobain outsources DB scheme admin

clock

Saint-Gobain has re-appointed Mercer to provide third-party administration services for its £2.2bn UK defined benefit pension scheme for the next seven years.

The consultant will administer the pensions of more than 45,000 members of the building materials manufacturer's final salary scheme. Mercer client relationship manager Neil Bolding said: "The s...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

More on Defined Benefit

Partner Insight: Aon's 2025 DB Endgame Survey insights

Partner Insight: Aon's 2025 DB Endgame Survey insights

The UK defined benefit (DB) pensions market has seen a huge amount of change in the last 12 months, shaped by a confluence of regulatory and market developments

AON
clock 07 August 2025 • 1 min read
Partner Insight: Aon UK Risk Settlement Bulletin - Q3 2025

Partner Insight: Aon UK Risk Settlement Bulletin - Q3 2025

Latest edition of the Aon UK Risk Settlement Bulletin is now available.

Aon
clock 06 August 2025 • 1 min read
More can be done to improve risk transfer process efficiency, says SPP

More can be done to improve risk transfer process efficiency, says SPP

Society warns bulk annuity market growth has exacerbated the strain on schemes’ administrative capabilities

Martin Richmond
clock 28 July 2025 • 4 min read
Trustpilot