The Norcros Security Plan trustees have hired Buck Consultants to provide actuarial services to its £400m defined benefit (DB) section.
The scheme is sponsored by Norcros plc, a bathroom supplies manufacturer. The appointment follows a competitive tender process.
Norcros group pensions manager Gordon Baker said: "Throughout our review exercise Buck demonstrated professionalism, a thorough understanding of our plan's requirements and most importantly a proactive and engaging approach with which all our trustee directors were impressed."
Buck's head of the Manchester office David Piltz said: "This appointment demonstrates the strength of both our team in Manchester and also our national practice more widely, and is testament to the quality of our services and our practical approach. We look forward to working with the trustee directors on this very important mandate."
Last year Manchester Airport Group appointed Buck for actuarial, administrative and investment consulting services to its pension scheme (PP Online, 26 March 2013).
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