Finance news: RSPCA names its pensions adviser

The RSPCA has appointed employee benefits firm Entegria as actuarial, pension and investment consultant to its 2,500 pension scheme members.

The firm will also manage several one-off projects, the charity said.

Mark Watts, finance director at the RSPCA, said: "We chose Entegria because we favoured its team approach to both pensions and actuarial consultancy.

"Its interactive actuarial valuation software played an important part in our decision, as did the value for money of its proposition. We need a consultancy that is sympathetic to our values, and Entegria achieved this."

Patrick Wynne, director of Entegria, said he was delighted to win the contract, given the strength of the competition.

In April 2004, the RSPCA selected asset management firm Threadneedle to run its £68m pension scheme, with a target to outperform its benchmark by 1 per cent a year.

KEY POINTS

- RSPCA has chosen Entegria as consultant to its pension fund members

- Entegria will also run one-off projects

- Actuarial valuation software played an important part in the decision.

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