UK/EUROPE - Mercer Investment Consulting has expanded its UK team with the appointment of Chris Gill as a European principal and senior consultant and Steve Herbert as senior consultant.
Gill will be responsible for manger research and a portfolio of clients.He previously worked at Standard Chartered Bank where he was the group head of pensions and is a qualified actuary.
Herbert joins from the Mercer office in Atlanta, USA, where he was a senior consultant. He will now be responsible for client consulting and manager research.
UK head of Mercer Investment Consulting Andrew Kirton said: “Demand for investment consulting services remains strong. The UK practice has grown by 60% in the last four years and we are continuing to expand our team of more than 200.”
UK inflation unexpectedly rose to 2.7% in August, beating analysts' expectations of a drop to 2.4% from 2.5% the previous month.
The Pensions Advisory Service (TPAS) helped 187,000 people in 2017/18, a 9% fall on the previous year despite setting up special helplines for specific scheme members.
The Liberal Democrat party has passed a motion pledging to cap tax-free lump sums under Freedom of Choice at £40,000 if elected into government.