Mercer wins appointment with Crown Holdings Inc
25 June 2008Mercer has been appointed by Crown Holdings Inc to provide corporate pension services to the company, including a pension strategy review.
Employers under scrutiny as trustees respond to TPR’s statutory funding objectives
16 June 2008The percentage of scheme trustees commissioning an independent covenant review has increased from 18 percent to 28 percent in one year as trustees respond to the Pensions Regulator’s (TPR) guidance on funding defined benefit schemes, according to a...
UK private medical insurance policies lack clarity on cancer care
11 June 2008Cancer insurance policies offered by PMI providers have been criticised for lack of clarity and ambiguous terminology that may result in people being excluded from treatment, according to a study by Mercer and Cancerbackup, the cancer charity.
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.
Companies face increased levy for Pension Protection Fund
2 June 2008Some companies will be required to pay a considerably higher Pension Protection Fund (PPF) levy than previously estimated, according to Mercer, following last week’s announced increase in the levy scaling factor by the PPF.
Disability benefits planning tool launched to support company response to Welfare Reform
2 June 2008Mercer has launched a disability module for its web-based modelling tool, MedForecast.
Mercer wins gold in real estate awards
2 June 2008Mercer has won a gold award for investment consultancy at the 2008 IPE Real Estate Awards.
Mercer appoints Crispin Lace as senior investment consultant
27 May 2008Mercer has appointed Crispin Lace as a principal and senior investment consultant within its investment consulting business. Based in London, he will be responsible for advising a portfolio of clients on investment issues.
Jon Exley returns to Mercer, in Financial Strategy Group
23 May 2008Jon Exley, one of the pioneers of modern pension fund risk management, is returning to Mercer from investment banking.
Brian Henderson joins Mercer’s Edinburgh office
22 May 2008Brian Henderson is joining Mercer as a principal and senior investment consultant in its Edinburgh office. Mr Henderson will have responsibility for providing a full range of investment services to a portfolio of clients both within and outside...
Government provides level playing field for contract-based pension schemes
22 May 2008Mercer welcomes the Government's proposal to allow automatic enrolment into contract-based pension schemes from 2012 as an important move in helping to secure retirement income for employees.
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.
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 holds investment road-shows focusing on solutions to current market turmoil
14 May 2008Mercer is holding a series of half-day investment seminars focusing on the current market environment and the practical solutions available to trustees to tackle the related challenges.
Pension schemes raise life expectancy assumptions
13 May 2008Pension schemes have increased their life expectancy assumptions for members by an average of half a year over 2007, according to Mercer’s most recent pension funding research, equating to an average increase of 2 percent - £8 billion - on the...
Global manager searches in alternative asset classes accelerate
12 May 2008Search activity in non-traditional asset classes continues to rise globally as investors seek to diversify their portfolios in the face of unstable markets, according to data released by Mercer today.
Mercer holds breakfast forums on governance in contract-based DC plans
8 May 2008Mercer is holding a series of breakfast forums to address the challenges employers face when operating contract-based* defined contribution pension plans.
Personal Accounts Delivery Authority risk compromising employer-sponsored pension schemes
29 April 2008Responding to the Personal Accounts Delivery Authority’s (PADA) consultation ‘building personal accounts; choosing a charging structure’, Mercer has cautioned that the priorities PADA has identified for developing its stance on charging structures...
Mercer UK launches online holiday booking solution
8 April 2008Mercer has launched a new web-based tool, Holidayconnect, to help employers allocate and manage employees’ holiday entitlements.
European survey of pension fund asset allocation
7 April 2008European pension funds are paying increasing attention to implementing effective governance structures in order to navigate the growing complexity of the investment landscape, according to a new survey by Mercer’s investment consulting business.
Updating of the Myners Principles welcomed – trustees must also play their part
7 April 2008Mercer UK has welcomed the publication of the joint consultation document to update the Myners Principles as an important step in improving pension scheme governance.
IAS19 proposals criticised for impracticalities of measuring pensioner liabilities
2 April 2008Mercer UK welcomed the IASB Discussion Paper on changes to IAS19 but expressed concern over the practicalities of measuring pensioner liabilities.
Mercer comments on the Pensions Regulator’s new Clearance Guidance
31 March 2008Mercer today expressed concerns that the UK pensions regulator’s new clearance guidance will lead to more conflict between trustee and scheme sponsor.
Credit crunch impact on pensions market
28 March 2008The credit crunch and investment market volatility have not so far had a material effect on pension schemes according to Mercer. However, trustees and companies considering how their exposure to investment market risks can be reduced should be...