Mercer

The Competition and Markets Authority's (CMA) final report on the investment consultant market has been celebrated as having "real teeth" to produce better outcomes for members.

Some 87% of master trusts support future collaborative efforts to overcome barriers to good service delivery, the Pensions Management Institute (PMI) says.

KPMG has announced three senior hires in its investment advisory team as the firm sets up an investment advisory practice in Bristol.

Aon, Mercer and Willis Towers Watson have renewed criticism of the Competition and Markets Authority (CMA) over its analysis of the benefits of tendering for fiduciary management contracts.

The UK must do more to address its ageing demographics, says Mercer, as its global pension index shows the country static in its rankings.

Capital Cranfield has hired Peter Thompson and Fiona Stark as professional trustees in response to strong demand from pension funds.

Investment consultants including the 'big three' have all agreed to participate in discussions to develop a strategy to demonstrate whether they provide value for money to pension fund clients.

The beleaguered Nortel Networks UK Pension Plan has entered into a £2.4bn buyout with Legal & General (L&G), insuring members' benefits nearly a decade after its sponsor collapsed.

This week's top stories included The Pensions Regulator's announcement that 30 master trusts have or will exit the market, and industry experts calling for the watchdog to reveal the names of those master trusts.

Mercer and Morningstar have teamed up to develop a global platform for investment data, research and analytics.