Pensions - Articles - The University of St Andrews appoints NOW: Pensions for AE

 The University of St Andrews, Scotland’s first university and the third oldest in the English speaking world has appointed NOW: Pensions to provide the auto-enrolment solution for its 460 eligible employees. Founded in 1413, St Andrews has established a reputation as one of Europe’s leading and most distinctive centres for teaching and research. Its eligible employees joined the NOW: Pensions scheme on 1 July 2013 in line with its staging date.

 Mr Derek A Watson, Chief Operating Officer at The University of St Andrews said: “We undertook a thorough assessment to find the best provider to meet our auto-enrolment requirements. NOW: Pensions’ fresh and thoughtful approach really resonated with us and the benefits of its proposition were immediately obvious. In choosing NOW: Pensions, we feel confident that our employees will benefit from a high quality, low cost scheme that offers consistent returns.”

 Morten Nilsson, CEO of NOW: Pensions, comments: "The University of St Andrews is one of the most respected in the world with a reputation for excellence and rigour. Its decision to appoint NOW: Pensions is a ringing endorsement and reinforces our growing reputation in the UK pensions market.”

 The University of St Andrews is the second university to join the NOW: Pensions Trust following Durham University which appointed NOW: Pensions in April 2013.