Mercer has opened a Birmingham office of its Financial Strategy Group (FSG) in response to greater demand for defined benefit (DB) risk management services in the Midlands.
The seven-strong team will be jointly led by partner Jane Ralph and principals Jonathan Repp and Suthan Rajagopalan. The team is completed by Danielle Markham, Khalil Varachhia, Richard Forrest and...
A number of pension schemes have been prompted to lock in gains with a move into bonds after the estimated deficit across FTSE 100 DB pension schemes improved by £36bn, over the 12 months ending 30 June last year, JLT Employment Benefits found.
HM Treasury has agreed in principle to give NEST a £329m contingent liability guarantee in the event of the master trust's wind up or closure.
AMP Capital has set up a dedicated team to help institutional investors, including pension funds, invest in infrastructure through direct equity allocations.