US - Thomas L. Elliott has joined Mercer Human Resource Consulting as chief operating officer of its consulting businesses.
In the newly created role, Elliott will report to Michele Burns, chairman and chief executive officer of Mercer Human Resource Consulting.
Prior to joining Mercer, Elliott was with Unisys Corporation, where, beginning in 2004, he served as president of its Global Commercial Industries business unit. Previously, from 2002 to 2004, he was executive vice president of Global Integration at BearingPoint, Inc., where he oversaw the integration of the Arthur Andersen global business consulting practice.
In other news, Bradley Smith has been appointed head of Hewitt’s US investment group practice.
In that role, Smith will be responsible for the overall strategic direction of the U.S. Investment Consulting practice and the development of thought leadership and the creation of quality investment consulting services and solutions.
Prior to his appointment, Smith managed the Southeast region of Hewitt's U.S. investment consulting practice in Atlanta. He has more than 19 years experience in the investment industry and prior to joining Hewitt was a senior consultant and practice leader for a regional investment consulting firm located in the Mid-Atlantic region.
The Pension Protection Fund (PPF) is consulting on changes to the actuarial assumptions it uses in valuations in a bid to better reflect the bulk annuity market, with schemes set to move into surplus on aggregate.
Private sector defined benefit (DB) schemes were 96.3% funded on a Pension Protection Fund (PPF) compensation basis at the end of July, according to the lifeboat fund's monthly index.
The Pensions Regulator (TPR) and Financial Conduct Authority (FCA) have launched a refreshed ScamSmart campaign to warn savers about unsolicited pension communications.
Ann Harris OBE and Mike Dailly have been appointed non-executive directors at the upcoming single financial guidance body (SFGB).