Mercer

Longevity swaps allow schemes to remove risk without the need to transfer assets and reduce equity positions, delegates heard.

UK - Risk transfer deals are expected to be well in excess of £1bn ($1.6bn)in the fourth quarter on the back of improved market conditions and indexation changes, industry experts say.

Risk transfer deals are expected to be well in excess of £1bn in the fourth quarter on the back of improved market conditions and indexation changes, industry experts say.

PwC; Mercer; SWIP; Caisse de dépôt et placement du Québec; Aviva Investors; Canada Life Investments; HSBC

GLOBAL - Within the next five years, revenues brought in by Mercer's investment management functions could outpace those brought in by its massive $3.5trn in advisory assets, Andrew Kirton, global chief investment officer said.

Mercer has restructured its investments and retirement businesses and appointed Andrew Kirton to the new role of global chief investment officer.

GLOBAL - Mercer has reshuffled its top ranks and moved Andrew Kirton to the new role of global chief investment officer.

EUROPE - The global real estate crisis has created investment opportunities for pension funds and other institutional investors, Mercer believes.

Mercer has re-hired former employee Paul Enderby from rivals Towers Watson as senior consultant.

Mercer has appointed Mandy Turner as a senior consultant in an expansion of its Bristol-based investment consulting business.