US - The funding status of S&P 1500 company pension schemes "remained broadly unchanged" in August despite a continued recovery in equity markets, Mercer says.
UK/US - The Bank of New York Mellon will acquire Insight Investment Management from Lloyds Banking Group for £235m (US$387.2m) and aims to make the UK-focused firm a more international player.
Mercer and Callan Associates have terminated their 17 February agreement to merge their investment consulting businesses.