The CN Group has appointed consulting actuaries and administrators Punter Southall to provide all pension scheme services.
The selection took place through a competitive tender process.
Serving the newspaper group’s two defined benefit (DB) schemes, which total £21m and boast 650 members, Punter Southall will provide actuarial, administration, benefit consultancy, trustee secretarial and investment consultancy.
Andrew Swanston, finance director at the CN Group, said: “Punter Southall was appointed as administrators and advisers to the company and trustees following a rigorous tendering exercise.
“During this process Punter Southall has clearly demonstrated its understanding of our specific requirements and its ability to provide a cost effective, proactive service.”
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