Under the agreement, FNZ has agreed to provide administration services in relation to James Hay's existing pension and investment management business, and to configure a new asset management platform onto which the assets currently under administration on the James Hay platform will be migrated and subsequently administered.

The Macfarlanes outsourcing team was led by commercial partner Will Hedges and commercial senior consultant Mark Lewis, with assistance from senior solicitors Martha Campbell and Anne Todd and solicitor Roisín Cregan.