AUSTRALASIA - Mercer has brought its Australian, New Zealand and Asian businesses under one umbrella, combining its capabilities in the areas of retirement and benefits outsourcing.
Peter Promnitz, region head for Asia Pacific at Mercer, said outsourcing was Mercer's largest line of business in Asia Pacific and it was looking to accelerate growth in both new and existing markets.
He said: "We have a world leading retirement outsourcing business in Australia.
"Now, our Asian operation will be able to utilise the same systems and business processes - as Asian clients increasingly turn towards retirement benefits to differentiate themselves in the current competitive talent environment."
Promnitz said, as part of the integration, Mercer would be working towards an extension of its existing bundled solution to provide a Total Benefits Outsourcing platform, a solution giving clients one access point for retirement, healthcare and flexible benefits administration.
The Pensions Regulator (TPR) and Labour MP Stephen Kinnock and will listen to the experiences of steelworkers when transferring their pensions away from the British Steel Pension Scheme (BSPS) next week in Port Talbot.
Just Group has acquired a 75% stake in the holding company of Corinthian Pension Consulting in a bid to strengthen its professional defined benefit (DB) advisory services.
The Pensions Regulator (TPR) has exercised its production order power under the Proceeds of Crime Act 2002 for the very first time as part of a fraud investigation.
The ITN Limited Pension Scheme has named Trafalgar House as its administrator for an initial term of five years.