On the flight deck

April 2005
Finance Week;4/13/2005, p66
This article focuses on staff pension fund. Comair, the listed operator the domestic British Airways service and low cost carrier kulula.com, has fully outsourced the management of its staff pension fund to Old Mutual Evergreen. Evergreen marketing manager Hugh Hacking says that Old Mutual has enjoyed a long association with Comair. Hacking says companies such as Comair have recognised the benefits of moving to an umbrella fund option in light of increasingly onerous trustee responsibilities and escalating administration costs.


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