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.”
Most respondents in this week's Pensions Buzz do not think businesses should be able suspend AE contributions if in financial distress.
Former BHS owner Dominic Chappell has lost the appeal against his section 72 conviction and sentence for failing to hand over information to The Pensions Regulator (TPR).
This week's top stories include Marsh and McLennan Companies agreeing to buy JLT, and the home secretary calling for AE to be scrapped in a no-deal Brexit scenario.
Lesley Titcomb says the watchdog wants closer interactions with pension funds to spot problems sooner and act before having to use its more stringent powers