Servier Laboratories has appointed Aon Hewitt to provide a full range of services for its £60m hybrid scheme in the UK.

The pharmaceutical's scheme has around 1,000 members and has legacy defined benefit (DB) arrangements as well as ongoing defined contribution (DC) benefits.

Aon Hewitt will be providing actuarial, administrative, investment, secretarial and DC advice and services, as well as DC broking services.

Servier Laboratories' Mike Sumpter said: "Aon Hewitt has a track record of working with Servier around Europe and therefore has a good understanding of our organisation.

"Here in the UK, we needed high quality, integrated advice and services for our schemes. It became clear in our selection process that Aon Hewitt was able to deliver this and we look forward to working closely with the team."

Aon Hewitt has previously worked with Servier elsewhere in Europe, including Austria, Belgium, France and Latvia.

Aon Hewitt partner Russell Agius said: "Aon Hewitt has worked across Europe with Servier Laboratories, so it is especially pleasing to be able to extend that relationship to the UK.

"This appointment demonstrates our range and versatility as a provider of integrated services to medium-sized schemes with both DB and DC arrangements – now the most common situation with organisations and schemes in this size range."

First published 15.07.2013

monique_simpson@wilmington.co.uk