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Prosper De Mulder hires Mercer for implemented advice

THE Prosper De Mulder group pension scheme has appointed Mercer for services including strategic asset allocation advice and implemented investment manager selection.

The food processing firm’s scheme said the consultant would provide the trustees with a governance framework for investment decisions.

PDM group pension scheme trustee Gordon Braide said: "Mercer has been involved in an actuarial and advisory capacity for many years.

"The trustees have every confidence that the success of Mercer’s involvement with the scheme so far will translate into a successful relationship in other areas."

Mercer principal Harry Sime said: "Mercer aims to provide a range of services to suit the requirements of all types of client. We’re very pleased that PDM see the value in our implemented consulting services."

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