KPMG has been appointed by the Trustee of the Interface Europe Pension Scheme to provide a full range of trustee services including actuarial and investment consulting services as well as administration, treasury and payroll services.
Interface is the world’s largest designer and manufacturer of carpet tiles. The scheme, which is now closed to future accrual, has around £100m of assets and 1,400 members.
Ian Warman, Partner and KPMG’s Head of Pensions for the North East, said: “We are delighted to be appointed for full services to the Trustee of the Interface Scheme. We are committed to continue growing our trustee services business and this appointment demonstrates the quality that we provide across the full spectrum of trustee services. What is particularly pleasing is that we have worked with Interface on several projects over the last ten years and our appointment has come as a result of the track record we have established. We look forward to working with Interface in the future.”
Simon Carlton, Trustee of the Scheme, said “Changing adviser after being with the previous incumbent for over two decades was a big decision for us. We have been impressed with the quality of advice and service that KPMG have provided in the past and we know we will get a very high quality service going forward. KPMG have shown they can offer a seamless approach across their administration, actuarial and investment teams, which is something the Trustee was keen to achieve. We look forward to working with KPMG for a long time to come.”
For further information please contact:
Margot Cowhig, KPMG Corporate Communications
Tel: 0207 694 4246 Mobile: 07920 274856: firstname.lastname@example.org
KPMG Press Office: 0207 694 8773
Notes to editors.
KPMG LLP, a UK limited liability partnership, is a subsidiary of KPMG Europe LLP and operates from 22 offices across the UK with over 12,000 partners and staff. The UK firm recorded a turnover of £1.8 billion in the year ended September 2012. KPMG is a global network of professional firms providing Audit, Tax, and Advisory services. We operate in 156 countries and have 152,000 professionals working in member firms around the world. The independent member firms of the KPMG network are affiliated with KPMG International Cooperative ("KPMG International"), a Swiss entity. KPMG International provides no client services.
Interface is a global leader in the design and manufacture of carpet tiles. It was one of the first companies to publicly commit to sustainability when it made a pledge in the mid-nineties to eliminate its impact on the environment by 2020. Known as Mission Zero®, it influences every aspect of the business and inspires the company to continually push the boundaries in order to achieve its goal.
Interface is now more than half way to reaching Mission Zero and has been widely recognised for its achievements to date.