Mercer

Mercer has appointed HR director Siobhan Martin (pictured) and head of the European retirement business Martine Ferland to its UK board.

A lack of knowledge and skills is preventing pension scheme trustees from making confident decisions, according to Mercer.

The Carillion Defined Benefit (DB) Pension Trustee has agreed a longevity swap with Deutsche Bank covering £1bn of liabilities within its five schemes.

Mercer has launched an app that gives clients access to daily information about the funding status of their schemes.

FTSE350 companies' defined benefit (DB) scheme deficits increased by £6bn over October to hit £102bn on an IAS19 basis, despite rising asset values, Mercer says.

Where one life ends, another begins. Equities rise and fall. Successes come and go. Listening to the Going Global plenary at the National's Association of Pension Funds' (NAPF) annual conference struck a chord with me.

The National Employment Saving Trust (Nest) will herald a shift to a focus on net benefits to members rather than costs, a senior trustee says.

Mercer is to launch a master trust through its workplace savings platform, offering access to Aegon, Friends Life and Zurich schemes.

The UK pension system's score in the annual Melbourne Mercer Global Pension Index has improved but dropped two places in ranking to ninth as other countries overtook it.

A drop in the FTSE over August has wiped out summer deficit reduction as levels return to those seen in May, research from Mercer shows.