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Premier Foods selects Aon Hewitt as outsourced pensions administration partner
London
AON

LONDON, 4th November 2010: Premier Foods, the UK’s largest food producer, has outsourced the management of the administration for its RHM defined benefit (DB) pension scheme to Aon Hewitt.

The scheme has more than 45,000 members, making it one of the UK’s largest private sector pension arrangements.

The 5-year appointment will see Premier’s team administer the scheme from its Croydon office, before moving to a new Aon Hewitt premises in Croydon later this year. Aon Hewitt plans to grow Croydon as a pensions administration centre of excellence, attracting additional clients and offering employees an opportunity to develop their careers and skills with an experienced employee benefits provider.

The appointment adds to Aon Hewitt’s growing portfolio of large administration clients who are outsourcing for the first time, having recently taken on the administration of BMW’s UK pension scheme.

Malcolm Connelly, Group Pensions Manager at Premier Foods commented: “Once the decision to outsource our pension scheme administration was made, Premier Foods and the Trustees wanted to find a specialist who demonstrated that they could recognise and deliver against the best interests of both our pensions team and our scheme members.

“We were impressed by Aon Hewitt’s people-focused approach and their commitment to working closely in partnership with us to ensure the positive future development of our scheme administration.”

Stuart Heatley, Administration Practice Leader for Aon Hewitt said: “We are delighted to have this opportunity to work with Premier Foods. We look forward to introducing a gradual programme of transformation in order to build on the good work already done in providing a high quality service to scheme members.”

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Josephine Corbett                      David Skapinker

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+44 (0)20 7269 7250                         +44 (0)20 7505 7478

Josephine.corbett@fd.com                david.skapinker@aon.co.uk

About Aon Hewitt
Aon Hewitt is the global leader in human capital consulting and outsourcing solutions.  The company partners with organisations to solve their most complex benefits, talent and related financial challenges, and improve business performance.  Aon Hewitt designs, implements, communicates and administers a wide range of human capital, retirement, investment management, health care, compensation and talent management strategies.  With more than 29,000 professionals in 90 countries, Aon Hewitt makes the world a better place to work for clients and their employees.  For more information on Aon Hewitt, please visit www.aonhewitt.com.

About Aon
Aon Corporation (NYSE: AON) is the leading global provider of risk management services, insurance and reinsurance brokerage, and human capital consulting. Through its more than 59,000 colleagues worldwide, Aon delivers distinctive client value via innovative and effective risk management and workforce productivity solutions. Aon's industry-leading global resources and technical expertise are delivered locally through more than 500 offices in more than 120 countries. Named the world's best broker by Euromoney magazine's 2008, 2009 and 2010 Insurance Survey, Aon also ranked highest on Business Insurance's listing of the world's largest insurance brokers based on commercial retail, wholesale, reinsurance and personal lines brokerage revenues in 2008 and 2009. A.M. Best deemed Aon the number one insurance broker based on brokerage revenues in 2007, 2008 and 2009, and Aon was voted best insurance intermediary, best reinsurance intermediary and best employee benefits consulting firm in 2007, 2008 and 2009 by the readers of Business Insurance. Visit http://www.aon.comfor more information on Aon and http://www.aon.com/unitedin2010to learn about Aon's global partnership and shirt sponsorship with Manchester United.

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Hewitt Associates Limited is authorised and regulated by the Financial Services Authority

 

 

 

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