The Trustee of the Rexam Pension Plan has appointed Towers Watson as Scheme Actuary to the £1.8 billion scheme, following a competitive tender process. Colin Singer, who is one of Towers Watson’s most senior actuaries, will fill the Scheme Actuary role. The scheme has around 23,000 members and is sponsored by Rexam, a leading global consumer packaging company.
John Ball, head of Towers Watson’s UK pension practice, said: “We are delighted that the Rexam Pension Plan has appointed us in this role and very much look forward to building a long-term and mutually fulfilling professional relationship.”
Graham Parrott, Chairman of Rexam Pension Trustees Limited, the Plan’s Trustee said: “We are pleased to announce the appointment of Towers Watson as Scheme Actuary to our Pension Plan. We found their style to be compatible with the Trustee and very much look forward to working with them in the future."
About Rexam
Rexam is a leading global consumer packaging company and a world leader in the manufacture of beverage cans. It is a business partner to some of the world’s most famous and successful consumer brands. Its vision is to be the best global consumer packaging company. Rexam is a member of the FTSE 100 and its ordinary shares are listed with the UK Listing Authority and trade on the London Stock Exchange under the symbol REX. For further information, visit www.rexam.com
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