The £85m Macmillan Limited Pension and Life Assurance Plan has appointed Hymans Robertson to provide investment consulting services.
The role will include advising on investment strategy, plan structure and manager selection.
Catherine Fleming, secretary for The Pension and Life Assurance Plan of Macmillan Limited, said: “We were very impressed by Hymans Robertson’s technical knowledge and process driven approach, and I am confident that they will help the Trustees to make good investment decisions.”
Mark Freeman, senior investment consultant at Hymans Robertson, said: “These are challenging times for pension scheme trustees, particularly those with actuarial valuations on the horizon.
“Therefore, we believe it is increasingly important that trustees do not lose sight of their long-term objectives, whilst still seeking to take advantage of market opportunities that might arise.”