mast image

Special Report

Impact investing

Sections

Société Générale hands Watsons £300m admin brief

UK - Société Générale (SG) has awarded Watson Wyatt the mandate to take care of all actuarial, investment and administration services for its combined £300m (€488m) UK pension schemes.

SG operates three closed defined benefit (DB) schemes, and one defined contribution (DC) scheme
for all new members.

SG's compensation and benefits manager, Graham Clark, said: "We followed a vigorous process in making this appointment. Watson Wyatt showed real enthusiasm to work with us and demonstrated that they are thought leaders in areas that will be most important to us going forward."

Mark Stewart, a partner at Watson Wyatt's London office who will be leading the Watson Wyatt team said: "SG has high expectations of their advisers and we are very much looking forward to working with them."

Have your say

You must sign in to make a comment

IPE QUEST

Your first step in manager selection...

IPE Quest is a manager search facility that connects institutional investors and asset managers.

  • QN-2558

    Asset class: Private Equity.
    Asset region: Global or Swiss.
    Size: USD $5-10m.
    Closing date: 2019-08-20.

  • QN-2559

    Asset class: Multi Assets.
    Asset region: -.
    Size: EUR 15m (may be split into two mandates EUR 7.5m).
    Closing date: 2019-09-06.

  • QN-2560

    Asset class: Private Equity.
    Asset region: Global.
    Size: $40m.
    Closing date: 2019-08-30.

  • QN-2561

    Asset class: Infrastructure.
    Asset region: Global.
    Size: $40m.
    Closing date: 2019-08-30.

Begin Your Search Here
<