BAA outsources scheme administration

Jonathan Stapleton
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UK - BAA Pension Trust - the trustee of the BAA Pension Scheme - has appointed Xafinity Paymaster to provide third party administration services for their DB pension scheme covering over 20,000 members.

Until now, British Airports Authority, the company that operates six major UK airports, has administered the £2.1bn ($3.3bn) pension scheme in-house. A unspecified number of BAA staff will trans...

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