UK - Mercer Investment Consulting worldwide partner and European director of consulting policy, Andy Green, is quitting Mercer. It is rumored that Green will join Deloitte.
Ralph Frank will take over his position as European director of consulting. Frank joined Mercer Investment Consulting in London in 2002, having previously worked in South Africa for actuarial and investment consulting firms, and heading up the asset consulting business of the market leader, Alexander Forbes.
Green is rumored to be joining Deloitte, where he will become a partner in the management consulting part of the firm and also a director of Deloitte Total Reward and Benefits Limited. Deloitte were unavailable for comment.
The top stories this week were the High Court's decision to block the £12bn annuity transfer from Prudential to Rothesay Life, and a separate court ruling that 'raises the bar' for pension rectification exercises.
Guaranteed minimum pension (GMP) equalisation has soared to the top of pension schemes' to-do lists, with 58% stating it is a priority project, research from Equiniti has revealed.
Professional Pensions is holding its defined contribution (DC) conference on 4 September.