For the fifth year in a row, Mercer has been named the World’s Best Provider of Pension Plan Administration Services by Global Finance magazine. The award will be presented during a special ceremony in Singapore in October.
Providers eligible for consideration included those involved in the day-to-day administration of defined benefit and defined contribution plans, such as reporting, payments, and the provision of technology solutions and information to support plan administration. Global Finance used a multi-tiered assessment process, including a readers’ poll, input from industry analysts, corporate executives and technology experts, and independent research.
“We are very proud that Mercer has been recognized for the fifth consecutive year as the best,” said Sandy McCarthy, Leader of Mercer’s US Benefits Administration business. “This award is a testament to the superior capabilities of our administration offering in providing our clients with practical solutions to their most pressing and complex workforce needs.”
“Pension plan administration plays a critical role in the overall success of the plan,” said Jacques Goulet, President of Mercer’s Retirement, Health, and Benefits businesses. “This prestigious award reinforces the value proposition of our administration services for both plan sponsors and participants.”
Mercer provides a comprehensive suite of benefits administration solutions across the retirement, health care and voluntary benefits spectrum, addressing a variety of client needs and plan complexities.
Mercer is a global leader in talent, health, retirement and investments. Mercer helps clients around the world advance the health, wealth and performance of their most vital asset – their people. Mercer’s 20,000 employees are based in more than 43 countries and the firm operates in over 130 countries. Mercer is a wholly owned subsidiary of Marsh & McLennan Companies (NYSE: MMC), a global team of professional services companies offering clients advice and solutions in the areas of risk, strategy and human capital. With 57,000 employees worldwide and annual revenue exceeding $13 billion, Marsh & McLennan Companies is also the parent company of Marsh, a global leader in insurance broking and risk management; Guy Carpenter, a global leader in providing risk and reinsurance intermediary services; and Oliver Wyman, a global leader in management consulting. For more information, visit www.mercer.com. Follow Mercer on Twitter @MercerInsights.