Inchcape Pension Trustee outsources scheme adminintration

Inchcape Pension Trustee has outsourced the administration of its group UK pension scheme to HSBC Actuaries and Consultants.

The scheme, which is currently administered by the in-house team, has over 1,600 members and assets of nearly £200m.

An Inchcape spokesperson, said: “[HSBC] demonstrated very high standards of quality assurance, internal auditing and information delivery to the trustee.”