Harsco, an industrial services and engineering group, has installed a new software system to administer its pension scheme, following a tender process.
The five-year contract, which will cover all 7,000 scheme members and 3,000 pensioners, will be provided by Xafinity Claybrook.
Lynn Bartrum, group pensions manager at Harsco, said: “We were particularly impressed with their approach to delivering a defined benefit package of functionality, at a fixed cost, within a specified timescale.”