Key Takeaways
- • Mercer has been appointed corporate actuarial advisor to WSP|Parsons Brinckerhoff's UK pension schemes, covering more than 4,000 UK members.
- • The mandate spans five defined benefit schemes and two defined contribution schemes, with services including actuarial advice, risk management, accounting and scheme management.
- • WSP|Parsons Brinckerhoff has approximately 32,000 employees worldwide across more than 500 offices in 39 countries, including 5,150 employees in the UK.
- • WSP UK Finance Director Andrew Noble cited Mercer's reputation as giving members assurance that their schemes are well managed.
Summary
Consulting firm Mercer has been appointed as corporate actuarial advisor to the UK pension schemes of WSP|Parsons Brinckerhoff, according to the publisher's report on the appointment. Mercer will provide integrated actuarial services across all of WSP's UK pension schemes, which comprise five defined benefit schemes and two defined contribution schemes. The services include actuarial advice, risk management, accounting and scheme management, and cover more than 4,000 UK members.
WSP|Parsons Brinckerhoff is a global engineering and multidisciplinary consultancy. WSP was founded in 1959 as a professional services consulting firm headquartered in Quebec, Canada, and joined with Parsons Brinckerhoff in 2014. The combined firm has approximately 32,000 employees based in more than 500 offices across 39 countries, and 5,150 employees in the UK.
Andrew Noble, UK Finance Director at WSP|Parsons Brinckerhoff, said the firm was "delighted" to appoint Mercer and that Mercer's strong reputation gives its people assurance that their pension schemes are being well managed. Jane Ralph, Partner in Mercer's Financial Strategy Group (FSG), said the mandate requires several interlinking areas of advice, drawing on Mercer's pension risk experts and the FSG and Retirement teams, and attributed the win to Mercer's track record in managing these interactions and to the strength of its client relationships.
WSP|Parsons Brinckerhoff is a global engineering and multidisciplinary consultancy. WSP was founded in 1959 as a professional services consulting firm headquartered in Quebec, Canada, and joined with Parsons Brinckerhoff in 2014. The combined firm has approximately 32,000 employees based in more than 500 offices across 39 countries, and 5,150 employees in the UK.
Andrew Noble, UK Finance Director at WSP|Parsons Brinckerhoff, said the firm was "delighted" to appoint Mercer and that Mercer's strong reputation gives its people assurance that their pension schemes are being well managed. Jane Ralph, Partner in Mercer's Financial Strategy Group (FSG), said the mandate requires several interlinking areas of advice, drawing on Mercer's pension risk experts and the FSG and Retirement teams, and attributed the win to Mercer's track record in managing these interactions and to the strength of its client relationships.
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