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TMCNet:  Xafinity Paymaster: Xafinity Paymaster Wins Thales Pension Scheme 

[November 13, 2008]

Xafinity Paymaster: Xafinity Paymaster Wins Thales Pension Scheme Contract

(M2 PressWIRE Via Acquire Media NewsEdge)

Xafinity Paymaster, one of the UK's leading providers of pension scheme
administration services has won a new contract with Thales, the leading
international electronics and systems group, to provide pension
administration services to over 20,000 members of the Thales UK Pension

The win followed a competitive tender process, resulting from the
trustees' decision to consolidate the administration of the new Thales
career-average pension scheme from several providers to one at the same
time as enhancing the accessibility of services available to their
members via the internet.

The key factor in winning the contract was Xafinity Paymaster's quality
of service delivery and implementation teams combined with the use of
award winning technology and a unique approach to providing trustees
with real time information all of which helped ensure Xafinity
Paymaster stood out from its competitors.

Paul Bingham, Managing Director, Xafinity Paymaster, commented:

"Xafinity Paymaster is delighted to have won this new contract. We feel
honoured to be working alongside such a high profile company and are
looking forward to partnering with them to further develop the service
for the benefit of their pension scheme members.

Xafinity Paymaster has and continues to make significant investment in
its systems, processes and staff and this contract win shows that we
are able to offer Trustees an affordable combination of leading
technology and service delivery which enable both Trustees and members
access to up to date information.

Philip Cameron, Secretary to the Trustees Thales UK Pension Scheme,

"Xafinity Paymaster was measurably the best provider following a

competitive tendering process. We were highly impressed by the breadth
and depth of their pensions' expertise, the advanced levels of web
access they provide and the quality of their processes. By
consolidating our pension administration arrangements into one contract
and partnering with Xafinity Paymaster, we are confident that all of
our members will benefit from enhanced levels of service and web

CONTACT: John Campbell, Xafinity Paymaster
Tel: +44 (0)1293 604 383
Jane Barrett, Public Relations Manager
Tel: +44 (0)207 680 2631
Kathryn Bell, Thales UK
Tel: +44 (0)1932 82483
Tasmyn Strick, Votive Communications Ltd
Tel: +44 (0)20 7353 9306

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