EUROPE - Mercer has picked up three contracts for pension fund consultancy, administration and provision.
The company operates in 42 countries and has 23,000 pension scheme members.
French real estate agency, 3F Immobilier, has awarded Mercer a contract to provide individual pension services.
3F Immobilier group comprises ten social enterprises which facilitate disadvantaged sectors of society's access to housing.
MAN AG has also hired the consultants to provide actuarial and investment advice to its defined benefit fund trustees.
The transport engineering group's fund has around £200m in assets and over 3,000 members.
Mercer had advised ERF on its pension shceme before MAN took over the company, along with four others, and created a new benefits system.
Elsewhere, KBC Asset Management and Fortis Investments have landed a contract to provide pension fund consultancy to the Gent hospital pension fund.
The Pensions and Lifetime Savings Association (PLSA) has announced it will shrink its board by more than one-third as part of a governance overhaul to make it "agile and more appropriate".
Smaller FTSE 350 defined benefit (DB) schemes were nearly 15 percentage points less well-funded than larger schemes in 2017, according to a Goldman Sachs Asset Management (GSAM) analysis.
The advent of collective pension systems could help the UK avoid demographic challenges which will make it "impossible" for society to help savers in retirement, experts say.