The Isle of Man government has appointed Xafinity Claybrook to administer a variety of public sector pension schemes using its Compendia software.
The software will be installed to support 15,500 employees in a number of schemes covering public sector workers in the civil service, health service, teachers and police.
Ian Murray, pensions director at the Isle of Man government, said: “With the number of changes on the horizon for public sector pension schemes, as well as the need to control costs and build on recent improvements in service and choice to our members, the selection of a supplier with the right level of understanding was crucial.
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