Is consolidation enhancing or eroding service provision to DB schemes?

Assessing the benefits and shortcomings of industry consolidation

clock • 4 min read
Donny Hay is director at IC Select
Image:

Donny Hay is director at IC Select

Consolidation has become a well-established trend in the market. Donny Hay asks how trustees should respond?

In June, consulting giant Mercer announced that it was acquiring Cardano. Mercer was already the UK's largest pension consultant by revenue. The acquisition of Cardano, a well-respected industry pl...

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

Join now

 

Already a Professional Pensions
member?

Login

More on Defined Benefit

Procentia launches DB actuarial valuation system

Procentia launches DB actuarial valuation system

Provider says Intelli-ACT will improve quality of information available to schemes and actuaries

Martin Richmond
clock 17 February 2026 • 2 min read
Partner Insight: Aon UK Risk Settlement Bulletin - Q1 2026

Partner Insight: Aon UK Risk Settlement Bulletin - Q1 2026

Latest edition of the Aon UK Risk Settlement Bulletin is now available.

Aon
clock 11 February 2026 • 1 min read
Aon reappointed to LGPS framework for actuarial, benefit and governance consultancy services

Aon reappointed to LGPS framework for actuarial, benefit and governance consultancy services

Firm reappointed to lots 1 to 5 of the framework for actuarial, benefits and governance services

Martin Richmond
clock 11 February 2026 • 1 min read
Trustpilot