Santander consolidates admin for all schemes with JLT contract

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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 Ca...

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