AUSTRALIA - Mercer Global Investments (MGI) has appointed Peter McPhee as head of distribution for MGI in Australia. McPhee will be responsible for all aspects of the company's sales and client service activities, but will focus on developing additional distribution channels in the retail market. He has spent over 20 years in the financial services industry, covering both retail and institutional funds management markets having worked in a variety of business development roles. McPhee joined Mercer in early November and is based in Sydney.
Tim Sharp warns the DWP's plans for collective DC risk establishing an inhospitable environment for the lay trustee
This week's edition of Professional Pensions is out now.
The government is in talks with the UK and Irish pensions regulators over how to protect members of cross-border schemes in the event of a no-deal Brexit.
The equalisation of guaranteed minimum pensions (GMPs) is at least two years away from being completed, and could take longer than four years for some schemes, a poll has found.