L'Oreal scheme picks Buck over Mercer

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UK - Mercer Investment Consulting has lost a consulting brief with cosmetics company L'Oreal on the back of a tender which saw the £120m mandate awarded to Buck Consultants.

The firm will provide actuarial, strategic investment and pension management services for the £120m L’Oreal (UK) Limited Retirement Benefits Plan, covering about 3700 members. Buck said it also ...

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