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Barnett Waddingham appointed by Rexel UK

Barnett Waddingham, the UK’s leading independent firm of actuaries and consultants, has been appointed by Rexel UK, a leading business-to-business distributor of electrical installation supplies.

Barnett Waddingham will provide investment consultancy services to the £160m Rexel UK Pension Scheme.

Ken Mullen, Chairman of the Trustee, Rexel UK Pension Scheme, commented: “Barnett Waddingham demonstrated an in-depth understanding of our needs and the Rexel UK Pension Scheme. Their experience and track record in this area is highly respected and we look forward to working with them.”

Matthew Tickle, Partner, Barnett Waddingham, said: “Rexel UK is a respected organisation whose trustees have only the best interests in mind for the scheme members. We look forward to working with them by adding value to their investment strategy.”

Rexel UK is a business-to-business distributor of electrical installation supplies with focus on the industrial MRO (Maintenance Repair and Operations), safety and electrical markets. Rexel currently operates in 34 countries with 34,000 employees and 2,600 branches.

If you would like more information please contact Steph Deimbacher in our Amersham office or email steph.deimbacher@barnett-waddingham.co.uk.