UK - Mercer Investment Consulting has hired Danny Quant from Watson Wyatt as a principal based in London.
He will lead Mercer’s advice in Europe to third-party providers, such as banks and insurers, with particular focus on product design, manager research and monitoring. He will also advise institutional clients in key investment areas including investment strategy, manager structure and governance.
Quant was previously country manager in Malaysia and then head of investment consulting in South Asia at Watson Wyatt.
Andrew Kirton, Mercer Investment Consulting’s European business leader, said: “We are delighted to welcome Danny to Mercer. He will be a considerable asset to the team.”
The appointment follows the recent hire of Danny Vassiliades as a principal. Vassiliades joined from Punter Southall, where he headed up the London office and helped establish an investment consulting service.
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