Categories:Pensions

Saint-Gobain re-appoints Mercer for DB scheme administration

Saint-Gobain, the manufacturer and distributor of construction materials, has extended its relationship with Mercer by seven years.

Mercer will provide third-party administration of its defined benefit (DB) pension scheme in the UK.

The scheme has over 45,000 members and a £2.2 billion fund value.

Neil Bolding, client relationship manager at Mercer, said: “The seven-year commitment given by the trustees of the Saint-Gobain UK pension scheme demonstrates the strength of the partnership that has developed over the years with our market-leading service provision to the trustees and the scheme members.”

Read more articles on defined benefit (DB) pension schemes

Readers' comments (4)

  • Please can you tell me if I was due a share of my pension at 55 because I have not recieved any I worked for jewsons Newport branch and I understand you now do the pensions thank you p rowe

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  • Hi, I worked for solaglass in Ipswich for twenty years,made redundant march 2000,can I will be 60 on 7thmay 2013 because no more money is being payed into the scheme can my pension pay out when I'm 60 instead of 65 I'm aware there will be a reduction if it can happen can I have som figures sent to me. Thanks, Les

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  • I worked for International Decorative Surfaces from 1987 - 1999. I paid a pension contribution during that time. I also took out a £3000 lump sum at the age of 50yrs. and I have a monthly pension of £93. I was interested to know how much I would get when I am retirement age which is 62yr 5 months.

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  • I was employed by English abrasives between 1982 & 1984, during which I paid into a pension scheme. recently I have changed address and am enquiring about a current statement.

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