Pillar 3 Disclosures 

Mercer’s Pillar 3 disclosures are set out in this document as required by the FCA’s Prudential Sourcebook for Banks, Building Societies and Investment Firms (BIPRU), specifically BIPRU 11.3.3R.

Unless otherwise stated, all figures are based on the audited Annual Reports of the entities in the Group for the year ended 31 December 2021.

From 2023, Mercer’s BIPRU Pillar 3 disclosures will be superseded by the MiFIDPRU 8 disclosure requirements, including the Internal Capital Adequacy Risk Assessment (ICARA).