US - Marsh & McLennan chief Brian Duperreault has urged treasury secretary Henry Paulson to take action to bridge the short-term pension funding crisis through a set of proposals to help companies with defined benefit schemes.
In a letter to Paulson, Duperreault, chief executive of Marsh & McLennan, of which consulting firm Mercer is a subsidiary, said concern had been expressed about dramatic increases in contribution r...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here
