Pension Protection Fund - Mercer UK comments on latest proposals
30 November 2007The Pension Protection Fund (PPF) has published its proposals for the levy formula to apply for the next three years. The principles underlying the formula are the same as those used in previous years, but some of the parameters have been changed to...
IFC and Mercer launch first sustainability survey
28 November 2007The International Finance Corporation (IFC), the private sector branch of the World Bank Group, has appointed Mercer to undertake the first in-depth research on the prevalence of the integration of environmental, social, and corporate governance...
Mercer develops flexible approach to pensions and personal savings
28 November 2007Mercer has developed an innovative approach to savings that enables employees to distribute their combined employer and employee pension contributions between their pension plan and a general savings plan. The approach offers substantial...
Mercer UK appointed by Spire Healthcare
27 November 2007Mercer has been appointed by Spire Healthcare to provide ongoing consulting services on the governance, administration and communication of the Spire Healthcare pension plan, following the successful introduction of a contract-based plan.
Mercer UK launches Medforecast, healthcare planning tool
27 November 2007Mercer has launched a new web-based modelling tool, MedForecast, to help employers plan for, and manage, the cost of their medical expenses benefit plan. Following a prolonged period of relatively low inflation, recent analysis by Mercer has shown...
2008 Worldwide Pay Survey
23 November 2007Global salaries are expected to rise by an average of 6 percent in 2008 – 1.9 percent above inflation – according to a study by Mercer. The study of 62 countries worldwide shows a strong correlation between 2008 forecasted inflation and forecasted...
Global personal taxation comparison survey – market rankings
19 November 2007The United Arab Emirates (UAE), Russia and Hong Kong are amongst the world’s most benign personal tax environments while Belgium, Denmark and Hungary are the least attractive according to a global survey of expatriate hot spots by Mercer. The data...
Business web briefing: Employee benefits environment in China
13 November 2007Mercer is holding a free web briefing exploring the employee benefits environment in China and the impact of recent legislative developments.
Innovative pension buyout deal clears way for speedier and more flexible risk transfers
13 November 2007An innovative buyout deal, arranged by Mercer, has shown that an insurer’s flexibility can enable companies to both secure their employees’ benefits in full and immediately remove their defined benefit liability from the company balance sheet.
Defined contribution and hybrid plans prevail among world's leading employers, Mercer finds
12 November 2007Most employers offering retirement plans to supplement government-sponsored pension systems now do so through defined contribution (DC) or hybrid approaches, according to a new global guide from Mercer.
Dick Strattan to head up Mercer’s UK Employee Benefits division
8 November 2007Dick Strattan has been appointed to lead Mercer’s Employee Benefits division which advises companies on their insured pension arrangements and associated employee benefits. Based in London, Mr Strattan is a senior actuary and worldwide partner at...
Forthcoming HR courses and seminars in Europe
8 November 2007Mercer is organising the following Human Resources courses and seminars over the next three months.
Business web briefing: expanding operations into Eastern Europe
7 November 2007Mercer is holding a free web briefing on what investors can do to ensure successful investment in Eastern Europe. The briefing will run on the 21 November and is suitable for all business and HR leaders from Western multinationals with expanding...
Forthcoming pension courses and seminars in Europe
6 November 2007Mercer is organising the following pension courses and seminars over the next three months.
UK PPF levy likely to continue to rise in 2008, says Mercer
30 October 2007The Pensions Protection Fund (PPF) annual report and accounts published on 25 October show that during the 2006/7 levy year, the PPF expected to receive £575m in levies but only collected £271m. As a result, only 60% of the levy collected in the...
Mercer launches LDI solution and alternative funds for investment market
29 October 2007Mercer continues to expand its investment management business with the launch of a number of new funds. These include a Diversified Alpha Fund, a UK High Income Fund and a European Property Fund of Funds. The launch of these “alternative” funds...
Mercer voted European Investment Consultancy of the Year - top for the fifth consecutive year
29 October 2007Mercer’s investment consulting business has been named European Investment Consultant of the Year by Financial News in the Financial News Awards for Excellence in Institutional Asset Management – Europe 2007. Over 50 pension fund consultants and...
Responsible investment doesn’t hurt returns: UNEP & Mercer report reveals
24 October 2007Responsible investment – or the incorporation of environmental, social, and corporate governance (ESG) factors into investment decisions – is not a new concept, nor is it a fad. But the question remains whether responsible investment is a...
Mercer comments on the T-Charter launch
23 October 2007The transition management industry has officially launched the Code of Best Practice for Transition Managers, known as the T-Charter. The T-Charter is a voluntary code for transition management firms which outlines agreed best practice in a number...
Mercer UK helps Cancerbackup and WwC launch free private medical insurance guide
22 October 2007Mercer, a leading global provider of consulting, outsourcing and investment services, has worked in conjunction with Cancerbackup and the Working with Cancer (WwC) group, to produce a free guide for companies on purchasing Private Medical Insurance...
Mercer conducts search for world’s first major ESG-driven emerging markets mandate
22 October 2007Mercer has started a search, on behalf of PGGM, the €88bn Dutch pension fund, for high-performing emerging markets equities managers that have environmental, social and corporate governance (ESG) at the core of their strategy.
IT Pay around the World Survey 2007 – country rankings
17 October 2007Six of the world’s 10 highest-paying countries for information technology (IT) managers are in Western Europe, according to a new survey by Mercer. Switzerland pays the highest salaries followed by Denmark, Belgium and the UK. The United States and...
Mercer recruits new head of human capital consulting in Germany
17 October 2007Mercer has appointed Dr. Dagmar Wilbs to lead its human capital business in Germany. She will be based in Frankfurt.
Mercer appoints Michael Kinney as new European head of implemented consulting
16 October 2007Mercer has appointed Michael Kinney as European head of its implemented consulting services. Mr Kinney will be responsible for developing a range of integrated investment services and solutions across Europe. In particular, his remit will be to...
Quarterly UK FTSE 350 pension deficit survey
16 October 2007Despite extreme market volatility over the past three months, as at 30 September 2007 FTSE 350 pension schemes remain relatively well funded with an aggregate funding level of 98% and a corresponding deficit of £9 billion. The current FTSE 100...