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.”
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