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US: Worldwide Cost of Living Survey 2008- city ranking
24 July 2008Moscow is the world's most expensive city for expatriates for the third consecutive year, according to the latest Cost of Living Survey from Mercer. Tokyo is in second position climbing two places since last year, whereas London drops one place to...
Pay for pharmacy professionals still on the rise, Mercer survey shows
23 July 2008Pay for professionals in the pharmacy sector is increasing at a healthy rate, according to the 2008 Pharmacy Compensation Survey from Mercer.
Mercer advises federal policymakers on defined contribution retirement issues
16 July 2008Two Mercer consultants are among the witnesses testifying today before the ERISA Advisory Council's Working Group on Spend Down of Defined Contribution Assets at Retirement, following a third Mercer consultant's testimony yesterday before another...
Increasing corporate bond yields mask pension plan losses
10 July 2008The heavy fall in global stock markets at the end of the second quarter has pushed the aggregate estimated financial position of pension plans of large US companies further into deficit by $10 billion. This comes on top of estimated losses in the...
Mercer names Roy Gonella to lead its health and benefits business for the Americas
19 June 2008Mercer has named Roy Gonella as the leader of its health and benefits business for the Americas.
Mercer makes available Genworth's ClearCourse annuity, an innovative 401(k) plan option
17 June 2008Mercer announced today that it is making ClearCourse, a group variable annuity issued by Genworth Life and Annuity Insurance Company, available as an investment option for the defined contribution plans it administers.
Health of defined benefit pension plans at S&P 500 companies improves in 2007 second straight year
11 June 2008In 2007, the financial health of pension plans at the largest US companies improved for the second straight year, with aggregate pension assets exceeding aggregate pension liabilities for the first time since the end of 2001, according to a new...
Quality of Living global city rankings 2008 – Mercer survey
10 June 2008European cities dominate annual worldwide quality of living rankings. Zurich scores highest for overall quality of living; Baghdad, the lowest. Luxembourg ranks highest for personal safety; Baghdad, the lowest.
Institutional plans post negative first–quarter returns
22 May 2008The median corporate, public and foundation/endowment plan experienced negative results for the first quarter of 2008, according to a quarterly survey of plan sponsor performance by Mercer.
Mercer manager research developed to consider environmental, social and governance factors
22 May 2008Mercer has further evolved its manager research process to evaluate the extent to which fund managers pro-actively integrate environmental, social and governance factors (ESG) into their mainstream investment process.
Mercer manager research developed to consider environmental, social and governance factors
21 May 2008Mercer has further evolved its manager research process to evaluate the extent to which fund managers pro-actively integrate environmental, social and governance factors (ESG) into their mainstream investment process.
Bruce Hochstadt, MD, joins Mercer to lead consulting on worksite clinics
19 May 2008Bruce Hochstadt, MD, has joined Mercer's health and benefits business as a senior leader in the firm's health and productivity management (HPM) practice. In this new position, he will be responsible for leading Mercer's development of consulting...
Mercer announces senior leadership appointments to support growth in its investment businesses
19 May 2008Investment consulting and investment management will now report to Phil de Cristo in the newly-created position of president and group executive of Mercer’s investment businesses.
Mercer appoints Tim Gardener as Global Chief Investment Strategist
19 May 2008Tim Gardener, who has led Mercer’s highly successful investment consulting business for more than 20 years, has decided to assume a new and important role as global chief investment strategist at Mercer, reporting to M. Michele Burns, Mercer’s...
Mercer issues study of US CEO compensation trends
15 May 2008In the face of a slowing US economy and weakening corporate performance, CEO total direct compensation among many large companies is declining, as boards have heard the message that pay has to be linked to performance. That is the conclusion of...
All equity markets post losses for first quarter
5 May 2008Mercer’s first-quarter 2008 Defined Contribution Universe Summary found losses in all equity markets during the period.
All equity markets post losses for the first quarter
5 May 2008Mercer’s first-quarter 2008 Defined Contribution Universe Summary found losses in all equity markets during the period.
Mercer launches a new online retirement savings educational program – “Count on your retirement”
22 April 2008Mercer, a leading global provider of benefits administration, announced today that it has recently introduced the “Count on your retirement” online retirement savings educational program to employees whose 401(k) plans it administers.
Global risks identified in Marsh Mercer Kroll M&A report
15 April 2008Executives at multinational companies consider investing in China, India and South East Asia almost as risky as investing in Africa, according to a survey commissioned by Marsh, Mercer and Kroll for their report M&A Beyond Borders: Opportunities and...
Large US companies lose $70 billion from pension plans
7 April 2008The balance sheets of large US companies deteriorated by in excess of US$70 billion during the first quarter of 2008 as a result of changes in the value of the assets and liabilities of their pension plans, according to a Mercer analysis.
Mercer appoints Kim Seals as global head of compensation management co-sourcing
4 April 2008Kim Seals has been appointed global leader for compensation management co-sourcing at Mercer. This group assists organizations with creating a more robust and efficient compensation function – within a single country, regionally or globally – by...
Promoting generic utilization and management of specialty drugs a top priority
26 March 2008While pharmacy benefit cost increases still exceed medical benefit cost increases, the gap has been shrinking steadily as employers have adopted a range of approaches to manage pharmacy benefit costs. Now employers are exploring new ways to improve...
2008 US Executive Compensation Preview
19 March 2008A big factor shaping this year’s proxy season is the slowing US economy. Economic stagnation provides the ultimate “stress test” for many corporate decisions, including executive compensation programs.
Jocelyn Purtell joins Mercer’s outsourcing business as Head of US Operations
7 March 2008Jocelyn Purtell has joined Mercer’s outsourcing business as Head of US Operations, effective April 1, 2008. Formerly North America Operations Outsourcing Leader of Hewitt Associates, she brings 22 years of experience to senior position.
Mercer investment consulting adds four professionals
6 March 2008Four professionals have joined Mercer investment consulting.
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