Mercer

UK - Uncertainty in inflation assumptions may have led FTSE 350 companies to collectively overstate or understate their pension liabilities by as much as £40bn (US$59.4bn), according to Mercer.

Companies under pressure from the economic environment are increasingly looking to outsource pensions administration to reduce costs, Mercer says.

UK - The CDC Pensions Scheme has completed a £370m (US$621.6m) buy-in with Rothesay Life.

Environmental, social and corporate governance factors have a positive affect on portfolio returns, according to Mercer.

The CDC Pensions Scheme has completed a £370m buy-in with Rothesay Life.

The Celestica (UK) Pension Plan has appointed Mercer to provide it with implemented consulting services.

Pension deficits understated by £267bn; Pension funds believe longevity derivatives will play a crucial role in managing future scheme deficits; Mercer Investments 'on the fence' over added value of active management; Pension First to 'shake-up' buyout...

Each month DC World asks readers for their views. This month we ask: should DC schemes focus on asset allocation rather than searching for skilled active managers?

US - Mercer parent company Marsh & McLennan agreed to a US$400m settlement in a class action suit brought against the firm by Ohio and New Jersey pension funds.

De-risking remains a top priority for pension schemes, trustees and sponsors, Mercer research finds.