Investment consultancy and human resources giant Mercer has recruited Steve Sands as head of UK Financial Planning Business.
Sands, former director of platform distribution and workplace relationships at Standard Life, will oversee the integration of Mercer's financial planning arms Jardine Lloyd Thompson Group (JLT) and Mercer Jelf into one business.
This follows Mercer's parent company Marsh & McLennan Companies' acquisition of JLT at the start of the year. JLT's Karen Phillips took on the role after the firm's purchase but, following her retirement, Sands has filled the role.
Sands will oversee a 200-strong team that includes 50 financial planners. He will report to Benoit Hudon, Mercer's UK wealth lead, who has more than 25 years' experience in financial planning, with expertise in wealth management and platform technology.
Sands said: "I am delighted to take on this role at Mercer at such an exciting time. In an ever more complex world of pensions and investment, we are well positioned to help our clients navigate their financial challenges. With a technology enabled process, we aim to help them meet their long-term objectives and ultimately give them piece of mind."
Hudon added: "Financial planning can be a complicated and time-consuming process, so having trustworthy expert advice is key. We are pleased to have Steve join us, as we feel that his passion and comprehensive knowledge of the market will ultimately help our clients best address their financial issues and goals."
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