Prudential UK has appointed Xafinity Paymaster for the administration services of its money purchase pension (MPP) and group personal pension (GPP) schemes.
Linda Conner, customer services manager at Prudential, said: “Xafinity Paymaster has provided pensions administration services to Prudential for many years.
“Our decision to extend the activity undertaken by Xafinity Paymaster, following a competitive tender, is based on a proven transition process, seamless to our customers and the Xafinity Paymaster’s trusted relationship already in place with Prudential.”
Keith Boughton, director, insurance and payments at Xafinity Paymaster, added: “We are delighted to have secured the contracted extension of our services with Prudential.
“Xafinity Paymaster remains a specialist provider of pensions and annuity administration and this is a natural service extension for us.”
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