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Mercer appoints head of new defined contribution group

Mar 21
 
Tags: Mercer
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Mercer appoints head of new defined contribution...

Mercer has announced that it has appointed Brian Henderson as the leader of the company's Defined Contribution (DCS) and Workplace Savings venture in the UK, after undergoing a restructuring of its services.

Mr Henderson, who is based in Edinburgh, will be responsible for developing Mercer's services across the country. Working as a consultant he has worked with some of the largest DC schemes in the UK.

Fiona Dunsire, chief executive of Mercer UK, said: "The DC market is growing rapidly: Auto-enrolment legislation is bringing a large number of new savers into the pension system and we continue to see companies move away from DB in favour of DC plans."

She added that this change would create a new challenge for clients, and that the creation of the new group would help offer support clients by bringing together the benefits of Mercer expertise.

Brian Henderson said: “Our DC proposition is relatively simple; everything we do is focused on enabling better member outcomes."

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