University of Edinburgh taps 2 firms for consulting, administration and actuarial services

University of Edinburgh Staff Benefits Scheme, Edinburgh, hired Hymans Robertson to provide administration services and continue as investment consultant, and Mercer to provide actuarial services.

The £285 million ($438.5 million) pension fund issued an RFP in August 2014 and announced the hires on European procurement website Tenders Electronic Daily.

Hymans Robertson already provides investment consulting services. Actuarial and administration services were previously provided by Aon Hewitt.

Executives in the procurement office and spokesmen for the university were not available for comment by press time.

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