Tennants Consolidated Ltd. Pension Fund, London, hired Buck Consultants to provide general retirement plan consulting, actuarial, administration and secretarial services for its defined benefit and defined contribution plans, said David Welch, chairman of the trustee.
The pension fund has £110 million ($166.4 million) in assets and the DC plan, £20 million, Mr. Welch said in an e-mail.
The hire followed a competitive search process. Further details were not disclosed.
Mr. Welch said Mercer previously provided consulting services, and Capita Employee Benefits was the administrator.