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TPR’s proposed material detriment code strays too far from stated objectives, says Mercer UK
25 February 2009Mercer has cautioned that the Pensions Regulator’s (TPR’s) draft Code of Practice is too vague in scope, and unless clarified will have a detrimental impact on the industry.
Personal Accounts expected to cost companies £3bn
24 February 2009The introduction of Personal Accounts is expected to cost businesses across the UK close to £3billion a year, according to Mercer.
Asset management fees hold up in 2008 but outlook cautious for 2009, says Mercer survey
19 February 2009Asset management fees remained stable in 2008 but are likely to be under pressure in 2009, according to a report issued by Mercer.
Chilled but not frozen: Canadian employers plan to keep balance in salary budgets
18 February 2009The majority of Canadian companies are being selective when it comes to 2009 workforce reductions, cuts to compensation and benefits, and strategy changes to retirement plans according to two recent studies from Mercer.
Market volatility drives demand for a super education revolution: Mercer Superannuation Study
18 February 2009Superannuation in Australia is at a cross-road after an unprecedented period of sharemarket volatility – many superannuation members are now unsure about the future of their super and want more information, according to a study by Mercer.
Mercer appoints Jos Vermeulen as senior consultant
18 February 2009Mercer has appointed Jos Vermeulen as a senior consultant and principal within its financial strategy group.
Freezing base pay for executives this year: 44 percent in Singapore as compared to the Asian average
16 February 2009The widespread and dramatic decline in stock prices, fallout from the global economic crisis, and ever-increasing public scrutiny are forcing companies in Asia to take a hard look at their current practices and design of their executive remuneration...
Mercer named Pension Adviser of the Year
13 February 2009Mercer was named Pension Adviser of the Year at the Corporate Adviser Awards 2009, which took place at the Grosvenor House Hotel in London on Thursday 12 February 2009.
Mercer appoints Liana Magner as Investment Consulting market leader for New England
12 February 2009Mercer has names Liana Magner, CFA, as the market leader of its investment consulting business for the New England market.
More US employers freeze salaries or trim planned 2009 pay increases as pessimistic economic outlook
12 February 2009One in four companies surveyed has instituted salary freezes and this may rise to one in three employers by the time 2009 budgets are finalized, Mercer says. This year, executives are less likely to get an increase than rank and file employees
Pension funding gap at largest US companies remains at 75 percent in January
12 February 2009As pension plan sponsors digest the impact of changes in the world's financial markets over the last 12 months, the pension funded status of S&P 1500 companies at the end of January was unchanged from December, according to the latest estimates.
Quality pioneer Arnold Milstein to accept Founders' Award from American College of Medical Quality
12 February 2009Mercer chief physician and national thought leader Arnold Milstein, MD, MPH, will accept the 2009 Founders' Award from the American College of Medical Quality (ACMQ) at the group's annual conference, Medical Quality 2009, to be held in Los Angeles...
Members turn to super plans for advice in unprecedented financial times
11 February 2009Mercer’s helpline services fielded a record number of calls during 2008, as superannuation members sought advice on their investment options in the wake of stock market volatility.
Pam Gregory appointed head of customer relations for Mercer's UK outsourcing business
11 February 2009Mercer has appointed Pam Gregory to the new position of head of customer relations within its UK outsourcing business.
MMC to offer free practical support for bushfire victims
10 February 2009Marsh & McLennan Companies, Inc. (MMC) today announced that it will offer support free-of-charge in three areas – salvaging lost photos, making insurance claims, and advice for financial recovery – to victims of the devastating Victorian bush fires.
Mercer sweeps “HR Vendors of the Year 2008” awards; Strengthens Asia leadership team
10 February 2009Mercer has been ranked the top HR Outsourcing Vendor, Compensation & Benefit Consultant and Employee Healthcare Consultant at the Singapore HR Vendors of the Year 2008 Awards, which are organized by Human Resources Magazine, Singapore.
10 point plan for Employers and Trustees of Defined Contribution pension plans
9 February 200910 point plan for Employers and Trustees of Defined Contribution pension plans
Mercer appointed adviser to Nuffield Health
9 February 2009ercer has been appointed by Nuffield Health as corporate adviser on their pension liabilities. The Nuffield Health Pension Scheme has approximately 8,000 members and assets of over £200 million.
Mercer UK holds culture integration masterclass
6 February 2009Mercer is holding a culture integration masterclass on Tuesday 31 March 2009 in London. This one-day workshop is aimed at senior business leaders, line management, HR and other professionals responsible for identifying and managing the cultural...
Mercer holds Culture Integration Masterclass
6 February 2009Mercer is holding a Culture Integration Masterclass on Tuesday 31 March 2009 in London. This one-day workshop is aimed at senior business leaders, line management, HR and other professionals responsible for identifying and managing the cultural...
Cost and risk concerns stimulate multi-national centralisation of retirement plans and policies
4 February 2009There has been a significant increase in the proportion of multinationals implementing global policies across all aspects of retirement plan management, according to new research.
Mercer Investment Consulting analysis report "Opportunity Knocks?"
4 February 2009Media advisory for the analysis report "Opportunity Knocks?".
Mercer’s UK seminars: Keeping control of DB pension costs and risks in times of financial uncertaint
30 January 2009Mercer is holding a series of seminars designed primarily for defined benefit (DB) pension scheme trustees and managers and finance executives responsible for the financial management of companies’ pension arrangements.
Mercer’s forthcoming Pensions Knowledge courses
29 January 2009Trustees of pension funds face ever-increasing challenges in carrying out their role effectively. Mercer is running a series of courses during 2009 designed primarily to provide trustees with the knowledge and understanding that they need in order...
Mercer response to NAPF research on final salary pension schemes
27 January 2009Mercer has welcomed the NAPF’s research in highlighting the challenges facing the UK’s pension industry.
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