Mears Group has appointed Quantum Advisory to provide administration, actuarial and investment services for its myriad pension arrangements.

The social housing repairs and maintenance firm entered into the deal as part of efforts to make cost savings in the uncertain economic climate.

Quantum Advisory was appointed in 2009 to provide services to Supporta, which was one of the Mear Group's subsidiaries until it was taken over in February 2010.

David Deidun, a partner at Quantum Advisory, said: "[Mears Group] was looking achieve cost savings in this difficult economic climate without compromising on the quality of services being delivered and we intend to hemp them achieve their goal."

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