Mercer

Mercer Workplace Savings has increased its client base to more than 50 companies over the year with assets under management now at £2.2bn.

Mercer has chosen Fiona Dunsire to replace Alan Whalley as UK chief executive.

Almost half of investment consultants have no professional qualifications, according to a survey of the major consultants by IC Select.

There is an urgent need for clarification on a loophole in auto-enrolment legislation about the definition of hybrid schemes, Lane Clark and Peacock says.

An increase in long-term inflation expectations has increased FTSE350 defined benefit liabilities by around 3%, according to Mercer.

The majority of financial directors and senior leaders say scheme deficits are hampering their business investments, research shows.

The UK pension system has been ranked seventh in a Mercer study ahead of the USA, Germany and France.

Mercer, Aon and Blackrock must compensate a scheme member whose fund was depleted when invested incorrectly following an enhanced transfer exercise.

Multi-national corporations are changing their approach to executive remuneration as a result of the UK's "shareholder revolution", Mercer has said.

Research from Hymans Robertson shows that IAS19 deficits rose from £67bn to £115bn for FTSE350 companies in the year up to July 2012.