Santander joins up DB and DC scheme admin

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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 a number of firms. JLT won the contract after a competitive tender process in which the trustee was supported by Muse advisory. The contract, wh...

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