Unilever extends pensions admin

Unilever UK has extended its outsourced pensions administration contract to cover both existing and former staff. The deal will cover some 100,000 employees and pensioner members of the firm’s £3.5bn UK pension fund.

The five-year contract includes record keeping alongside an existing payroll and deferred member arrangements. Unilever said that its defined benefit scheme will continue to be offered to new staff.