Arriva, one of the largest transport service organisations in Europe – operating a fleet of more than 15,000 buses and trains and employing nearly 33,000 people across eight European countries – has appointed HR consultant Hewitt Associates to provide pensions advice to the company.
Hewitt will now be the corporate adviser to Arriva for its group pension funds, which have more than 10,000 active members and assets in the region of £750m – including Arriva’s interests in the Merseyside Pension Fund and sections of the Railways Pension Scheme.
David Turner, company secretary at Arriva, said: “We were looking to appoint a proactive and innovative adviser. Hewitt has the global breadth and integration to meet our needs and we look forward to developing our working relationship.”
Ian Warman, principal consultant at Hewitt Associates, said: “We are delighted that Arriva has appointed us to provide pensions advice across its operations.”