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In the UK, defined contribution (DC) has become the dominant form of pension provision for new employees. Membership was projected to exceed DB market share early in the next decade but, due in part to the economic crisis, this has arguably already occurred. Trust and contract-based services are in demand while the Pensions Regulator’s focus has been on DC governance. Mercer’s DC offering helps clients control costs and manage financial, operational and reputational pension risks. Employer spend becomes more transparent to employees and enables them to manage their future wealth planning effectively. MERCER WORKPLACE SAVINGS – A BEST OF BREED SOLUTION The modern workforce is unlike any in history. It's the most diverse, rapidly changing, and comprises individuals with widely differing backgrounds, needs and aspirations. In terms of these people's requirements for pensions, savings and other investments, it's also subject to a totally new set of pressures. To meet these new challenges, we've devised a new approach to pension and savings provision. We've called it Best of Breed. Best of Breed is a promise we've all made at Mercer Workplace Savings to deliver our clients truly market-leading providers, investment governance, operational governance, and 'at retirement' services to meet the diverse needs of diverse workforces – for now, and for the future.  Learn more
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Mercer has developed a unique workplace savings solution to address current client concerns on reduced employee engagement in the wake of the recession, help manage the cost and risk of their pension and benefit arrangements and endeavour to make benefits relevant for today’s and tomorrow’s workforce.
 Download Mercer workplace savings 'best of breed' pensions and savings solution Learn more about Mercer's workplace savings solution |
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