Rexam appoints pension scheme actuary

Rexam Pension Plan has appointed Towers Watson as scheme actuary to its £1.8 billion defined benefit (DB) pension scheme.

The global consumer packaging business and manufacturer of beverage cans’ scheme has around 23,000 members.

Graham Parrott, chairman at Rexam Pension Trustees, said: “We are pleased to announce the appointment of Towers Watson as scheme actuary to our pension plan.

“We found [its] style to be compatible with the trustee and very much look forward to working with [it] in the future.”