UK – Cereals firm Kellogg’s has awarded UK pensions administration business to Aon Consulting.
Aon said it has been chosen by the trustees of the 285 million-pound (412 million-euro) Kellogg's (Great Britain) Pension Fund “to manage the administration of their UK pension scheme”.
"We were impressed with Aon Consulting's ability to strike a balance between an in-house and fully outsourced administration,” said Tom Stevenson, HR Manager - Total Compensation, for Kellogg's. “We believe that Aon Consulting's approach to shared services is the best fit for our business.”
"We are delighted to work for Kellogg's - it is a leading producer in the cereal and convenience foods industry and this appointment is further evidence of our standing in the pensions administration arena,” said Karen McGaughey, Aon’s senior operations manager.
Aon said it would take over from incumbent Watson Wyatt on April 1.