Mercer to offer education in all-in-one pension service

Mercer says its new integrated service, ‘Mercer Retirement Solutions’, will combine pension scheme management, administration, asset management and member communications for a fixed fee. It says it will also focus on providing an effective member education service, as a initial research from a Mercer survey of over 1,000 employees shows more than two-thirds are unsure of the basic differences between cash, bond and equity funds, while 75% prefer safe investments over riskier high-growth options. As a result the new service aims to offer members access to information and education across...