The former head of multi-manager at F&C, Dean Cheeseman, has joined Mercer as an equity portfolio manager within its investment management business.
Mercer has signed up three of the UK's biggest corporate benefit providers to launch a corporate wrap platform.
NEST Corp will offer members the choice to invest their pensions in a socially responsible investment (SRI) fund, and is advertising for fund managers.
Speculation is mounting that Insurance Premium Tax (IPT) will be increased in next week's Emergency Budget, with expectations that it could double to 10%.
Magnus Spence, director at Spence Johnson, says a growing DC market in the UK could open up opportunities for advisers.
Nearly one in four employers has reduced their benefit costs by introducing a flexible benefits scheme, according to a survey of UK employers conducted by Mercer.
New research has criticised the suggestion by Adair Turner's Pension Report recommending compulsory pension saving as a means of alleviating the pension crisis.