Chesnara appoints FWD for financial communications

UK and Europe-based pensions consolidator, Chesnara, has appointed FWD to handle its financial PR strategy.

Chesnara is currently listed at £390 million on the London Stock Exchange, and administers approximately 910,000 life and pension policies in the UK, Sweden and the Netherlands.

John Deane, chief executive at Chesnara, said: “FWD has extensive knowledge of both our sector and our company. As we continue to pursue our stated strategic objectives their support will help us to maintain a well-informed stakeholder community including both shareholders and policy holders.”

Roddy Watt, director of capital markets at FWD, said: “As a specialist financial services consultancy, Chesnara is a natural fit and welcome addition to our portfolio of clients. Having worked with the management team in the past, I look forward to continuing to work on their behalf as they strive to deliver impressive returns for their stakeholders.”