Pensions - Articles - Durham University appoints NOW: Pensions as its provider

 NOW: Pensions today announces that Durham University, one of the UK’s oldest universities and leading academic centres, has appointed NOW: Pensions to provide the auto-enrolment solution for its employees.

 The university, the third oldest in England, joined the NOW: Pensions scheme in April 2013, enrolling its workforce of support staff into the workplace pension programme, in line with its staging dates.

 Janet Robertson, Payroll and Pensions Manager at Durham University, commented: “We appointed NOW: Pensions due to the breadth of its proposition and its ability to deliver a solution that is effective for both employers and employees. Its unique investment strategy is designed to perform and protect, which will help deliver the pension returns our members need and deserve. The scheme can also handle all aspects of auto-enrolment, from categorisation to communication, and uses lean processes and efficient technology to help keeps costs down and ensure members are not impacted by needlessly high charges.”

 Morten Nilsson, CEO of NOW: Pensions, commented: “This is an exciting appointment within a new sector for NOW: Pensions, and with a client that shares our commitment to excellence and continued innovation. Durham University has a wealth of knowledge and experience when it comes to pensions and its decision to work with us is testament to our committed, modern and transparent approach. We are committed to providing a high-quality and risk-managed pension scheme that is simple to implement, adds value, and offers the best possible long-term returns for employees. We look forward to working with this prestigious and heritage-rich institution.”