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According to the Mercer CFA Institute Global Pension Index, which benchmarks 47 retirement income systems around the world, the Netherlands has the best overall pension system in the world. The ...
Mercer has several distinct lines of business, namely: health and benefits, investments and retirement, workforce and careers, and M&A advisory services. It is the world's largest investment advisory with over US$300 billion outsourced assets under management and US$16 trillion under advisement in total.
On August 7, 2019, Morneau Shepell acquired Mercer’s stand-alone, large market, health and defined benefit pension plan administration business in the United States. On September 16, 2019, Morneau Shepell acquired MorningStar Health. On May 17, 2021, the company's shareholders voted to change the company's name to LifeWorks.
A defined contribution (DC) plan is a type of retirement plan in which the employer, employee or both make contributions on a regular basis. Individual accounts are set up for participants and benefits are based on the amounts credited to these accounts (through employee contributions and, if applicable, employer contributions) plus any investment earnings on the money in the account.
Martine Ferland has spent more than 40 years on the front lines of retirement. This week, the CEO of Mercer and vice chair of Marsh McLennan is stepping down to start her own. Over the past five ...
Mercer Survey Reveals 401(k) Participants Who Use In-Plan Advice Have More Positive Retirement Outlooks But plan sponsors need to focus on engaging more lower-paid employees with these valuable ...
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