UK – Employee benefit and pensions advisory firm, Gissings, has landed two new UK pensions advisory contracts.
The Davis Service Group, the textile maintenance, tool hire and building systems company has appointed Gissings to provide actuarial services for its £91m defined benefit pension scheme.
Says Roger Dye, finance director at Davis: “As pensions legislation continues to change, we need the actuarial function to proactively advise the group and the pension fund trustees.”
ACW Technology, the contract electronic manufacturing company, has chosen Gissings to provide across the board pensions advisory services for the stakeholder scheme it recently set up in conjunction with Gissings, following its decision to switch its group pension arrangements from Equitable Life.
Martin Davey, finance director at ACW, comments: “Gissings was essential in helping ACW communicate changes to our staff and allay any concerns staff may have had about stakeholder pensions, particularly given our experience with Equitable Life.”
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