Mercer

The UK's ranking has dropped to 15 in the Melbourne Mercer Global Pension Index (MMGPI) despite the country attaining a better score than last year.

JLT Employee Benefits has made two senior appointments to boost its investment consulting and fiduciary management proposition, including hiring Mercer's head of investment consulting.

This week's top stories included the revelation that the Communication Workers Union was planning to cut its pension provision, despite launching a ballot for industrial action against Royal Mail for similar plans.

The Marsh & McLennan Companies (MMC) UK Pension Fund has finalised a £3.4bn longevity risk transfer to the global reinsurance market through a captive solution.

The accounting deficit of FTSE 350 defined benefit (DB) schemes fell by £9bn over July on the back of lower long-term inflation expectations, according to Mercer's latest index.

Professional Pensions spoke to two Mercer experts about transferring risk to insurers. Here is what they had to say…

The Pensions and Lifetime Savings Association (PLSA) has urged the Financial Conduct Authority (FCA) to refer the investment consulting market for a competition investigation.

The FCA's eagerly anticipated final report of its asset management market study suggests an investigation of the investment consulting market, James Phillips reports.

The Financial Conduct Authority (FCA) has published the proposed reforms put forward by the big three investment consultants as it seeks industry views on whether to reject them.

The Financial Conduct Authority's (FCA's) provisional decision to refer the investment consulting market to the Competition and Markets Authority (CMA) has largely been welcomed by the industry.