Nomura International, the Japanese financial services giant, has switched providers for the administration of its closed UK pension schemes.
Sign up to our newsletters
Receive news and guidance on a range of HR issues direct to your inbox
The trust-based defined contribution and defined benefit schemes, which have 3,000 members and are valued at £80 million, will now be administered by Premier Pensions Management, initially on a three-year long contract.
The switch was made following a review of providers earlier this year.