The Edinburgh Airport Pension Plan has appointed actuaries and consultants Spence & Partners for defined benefit pension scheme management.
Spence & Partners will provide actuarial, investment and pension scheme administration to the £95m fund, which has 329 members.
Nicky Muldoon, head of procurement and trustee of the pension plan said: “Appointing an adviser with a fully integrated scheme management approach was something we at Edinburgh Airport and trustees of the airport’s pension scheme identified as a key measure to protect the long-term benefits for scheme members.”
Brian Spence, scheme actuary to the plan at Spence & Partners said that the trustees are looking for greater scheme transparency and “a more joined-up approach to funding, investment and governance”.
