Emirates Airlines appoints Watson Wyatt for pensions admin

Emirates Airlines has appointed Watson Wyatt to provide pensions administration and accounting services to the Emirates Group Provident Scheme.

Emirates Airline operates an offshore defined contribution scheme for Dubai-based pilots, licensed engineers and senior managers. The scheme has approximately 3,500 members and is growing by about 500-to-700 members a year. Watson Wyatt won the contract in an open tender process.

Nick Foxton, manager human resources (benefits) at Emirates Group, said: “One of the key attributes that Watson Wyatt could offer was a true multi-currency solution. In addition, we were impressed with the branded web solution allowing members to access real-time data and carry out on-line transactions.”