UK capital gains tax proposals will not affect most employee shareholders, says Mercer
16 October 2007Recent newspaper headlines claim that up to 1.7 million workers who acquire shares in their companies through the popular save as you earn (SAYE) option plans, face an 80% tax rise under ‘punitive’ reforms in the Government's Pre-Budget Report.
Mercer submits response to PPF consultation
5 October 2007Mercer welcomes the Pension Protection Fund’s (PPF’s) plans to revise its initial proposals to alter the timing for measuring the factors that determine the calculation of the risk based levy. The nearly immediate recognition of contingent assets...
Forthcoming courses and seminars in Europe
3 October 2007Mercer is organising a range of courses and seminars over the next three months.
Mercer appoints UK head of defined contribution pension services
3 October 2007Mercer has appointed Tony Pugh to the new role of head of defined contribution pension services in the UK.
UK government reconsiders debt regulation proposal
3 October 2007The government announced today that it does not intend to impose a debt on employers when a pension scheme with more than one sponsoring employer is closed to future accrual of benefits.
UK pension survey – defined contribution schemes
27 September 2007Key findings: Employer contributions, at 6.8% of pay, remain too low to support employees in retirement; Potential for higher levels of pension lost as members fail to shop around for annuities; 90% of members opt for default funds; Mismatch between...
Mercer UK and Vebnet sign flexible benefits agreement
24 September 2007Mercer has entered into a ten year licence agreement to use Vebnet’s FIX&FLEX® technology as the core application of its UK based flexible benefits services. The agreement also gives Mercer the option to extend this into other European markets and...
Mercer comment on TPR consultation on revised clearance guidance
19 September 2007Mercer UK today gave an initial response to the consultation document on revised clearance guidance issued by the Pensions Regulator (TPR) on 10 September.
Forthcoming courses and seminars
14 September 2007Mercer is organising the following courses and seminars over the next three months in the UK and Europe.
Increased focus on flexible benefits in UK financial services sector
6 September 2007Competitive pressures are driving financial services companies to put greater focus on flexible benefits offerings, according to a survey by Mercer Human Resource Consulting. The survey looked at benefit provision in 69 UK-based financial sector...
Mercer’s report on UAE employment trends shows rising cost of expatriate workers
5 September 2007The rising cost of expatriate workers is placing a growing burden on multinational employers in Dubai according to a recent survey. Managing the UAE’s HR Environment, a report by Mercer Human Resource Consulting, shows that average salaries for...
Survey - Pension schemes risk further volatility
20 August 2007Many schemes still face significant pension deficit volatility as a result of mis-matches between assets and liabilities, according to Mercer Human Resource Consulting. Although the de-risking of defined benefit pension schemes continues, Mercer’s...
Mercer Investment Consulting expands European business development team
16 August 2007Mercer Investment Consulting has strengthened its business development team with the recruitment of Johanna Milne as its European head of business development.
Mercer’s expanding M&A business appoints leaders in the UK, France and Germany
13 August 2007Mercer Human Resource Consulting has appointed Zillah Bingley, Romain Bureau and Konrad Deiters to lead the continued expansion of its Mergers & Acquisitions Consulting businesses in the UK, France and Germany, respectively.
GlaxoSmithKline and Mercer working together on Group SIPP implementation and DC design review
1 August 2007Mercer Human Resource Consulting has been appointed by GlaxoSmithKline (GSK) as consulting partner for a major project involving the provider selection and implementation of a Group Self-Invested Personal Pension (GSIPP). Mercer will also advise on...
Pension financial risk - survey of FTSE 350 companies
31 July 2007UK - The number of pension schemes using derivatives to hedge liabilities in connection with liability-driven investment strategies has trebled over the last year, according to a survey by Mercer Human Resource Consulting and the Association of...
De-regulatory review proposals could ease pensions burden but gives trustees difficult choices
26 July 2007UK: New proposals to ease the burdens on employers that provide occupational pensions, announced this week, could impose difficult choices on trustees, says Mercer Human Resource Consulting.
Pension fund trustee survey - Trustee board structure, performance and remuneration
16 July 2007UK - More than a third of UK pension schemes have difficulty in recruiting trustees, according to a survey by Mercer Human Resource Consulting. An additional 6% also expect the recruitment of trustees to become more difficult in the future due to...
Longevity increases: the future risks for pension schemes
12 July 2007UK - Continuing increases in life expectancy - confirmed this week by the actuarial profession - have brought growing concern at the financial burden faced by occupational pension schemes and their sponsors. A range of new insurance and...
Forthcoming courses and seminars in Europe
10 July 2007Mercer Human Resource Consulting is organising the following courses and seminars over the next three months:
Mercer warns UK employers on changes to pensions accounting
10 July 2007New guidance on how pension fund surpluses are treated on company balance sheets could have serious implications for the way employers view pension funding and investment risk and, ultimately, for how pension funds are invested in the future,...
Mercer Investment Consulting expands its global Responsible Investment team
28 June 2007Mercer Investment Consulting has added three professionals to its global Responsible Investment (RI) business in London, bringing the team to nine.
Mercer UK wins prestigious contract with Royal Liver
27 June 2007Mercer Investment Consulting has been appointed to provide investment consulting services to the trustees of Royal Liver’s two pension schemes.
The focus of HR functions worldwide shifts from enhancing internal operations to a more direct role
13 June 2007The human resource (HR) function around the world continues to change as it shifts its focus from enhancing internal operations to maximising its contribution to the corporation’s business performance. According to the 2006 Global HR Transformation...
Mercer UK forms new group to handle pensions risk services growth
11 June 2007Mercer Human Resource Consulting has set up a specialist European Financial Strategy Group to address the burgeoning market demand for integrated, multi-disciplinary services in pensions risk management.