Tuesday, April 11, 2006

Watson Wyatt Appointed by InBev as Pensions Administrator

Watson Wyatt, the Virginia-based HR services provider, has been appointed by InBev UK, a brewery brand, as its defined benefit pensions accounting functions administrator. The financial terms and contract period have not been disclosed.

InBev’s Pension Plan has an overall defined benefit membership of around 5,000, including 2,400 active members, and a fund size of GBP 295 million. The quality and cost competitiveness of Wattson Wyatt’s services are the main reason for its appointment.

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