BAE Systems appoints Xafinity to administer pension schemes

BAE Systems has appointed Xafinity Paymaster to provide adminstration services across five of its pension schemes which cover more than 200,000 members.

Nick Hubbard, pensions project director at BAE Systems, said: “Xafinity Paymaster demonstrated a long-term commitment to the pension scheme administration market with a clear strategy of ongoing investment in systems and technology.

“It has a broad customer base, a proven track record and an excellent reputation for the provision of a high quality, robust and responsive service to both trustees and scheme members.”