Proposed amendments to U.K. pension regulations could lead to the extinction of smaller defined benefit plans within 15 years, according to Charles Cowling, chief actuary at Mercer. “The potential impact of these new regulations would be significant and dramatic,” he said in a press release. “The draft proposals would force the sale of £500 billion […]
Mercer Canada is appointing Geoffrey Melbourne as partner and wealth Canada growth leader and Neil Lloyd as Western Canada wealth leader. Melbourne (pictured left) has over 25 years of experience as a seasoned actuary, retirement consultant and client relationship manager. He joins Mercer after nearly 15 years in retirement consulting at a leading global advisory, […]
A rally on the stock market in the fourth quarter helped boost the strength of Canadian defined benefit pension plans to end the year, a report by Mercer Canada said Monday. The consulting firm said its pension health index, which represents the solvency ratio of a hypothetical defined benefit pension plan, rose to 114 per […]
Mercer Canada is appointing Teresa Palandra as leader of its wealth business. Palandra will be in charge of investment, wealth management and retirement services and solutions for the Canadian market. She’s taking over from Jean-Philippe Provost as he moves on to lead the multinational plan sponsor client segment of the firm’s global business solutions team. A partner with […]
Mercer Canada is appointing Kimm Maugeri as its new human resources leader. With over 20 years of experience in HR, with a focus on diversity and inclusion, learning, performance management, assessment and engagement, Maugeri was previously a principal and relationship manager in Mercer’s global talent and inclusion of expertise. Read more People Watch news In the new role, […]
Mercer Canada is appointing Teresa Palandra as leader of its wealth business. Palandra will be in charge of investment, wealth management and retirement services and solutions for the Canadian market. She’s taking over from Jean-Philippe Provost as he moves on to lead the multinational plan sponsor client segment of the firm’s global business solutions team. A partner with […]
Mercer is appointing Monika Freyman as Canadian head of responsible investment and David Fanger in the same role for the U.S. In the roles, Freyman and Fanger will lead the delivery of sustainable investment advisory and solutions services to institutional investors. “David and Monika each bring decades of institutional knowledge and passion for social and environmental […]
Mercer is teaming up with Lift Digital Inc., an artificial intelligence-based fitness and wellness platform, to bring customized, on-demand digital fitness to employers and employees. The Mercer 365 platform, combined with Lift, will provide access to a number of fitness offerings, including customized and automated fitness sessions, access to wellness experts via chat, live online group classes and Lift […]
Mercer is launching an all-in-one digital platform that gives employees access to a variety of wellness vendors to support their physical, mental, financial or social well-being. Mercer 365, which will be rolled out in January 2020, allows employers to offer their staff benefits through an online, self-serve platform. It will also include access to benefits utilization and […]
Mercer Canada has appointed Rachel Volynsky as its new chief investment officer. In the new role, Volynsky will be leading Mercer’s outsourced chief investment officer team in Canada. With more than 20 years of capital allocation experience, she has held several senior roles with major investment firms in Canada and the United States, including SEI Investments and […]