Mercer Human Resource Consulting is celebrating the first anniversary of its integrated pension service, Mercer Retirement Solutions (MRS).
Since its launch in Europe last year, MRS has seen extensive growth with the addition of new clients, team members and services.
MRS gives trustees the ability to combine scheme management, administration, investment and member communications, and can accommodate both defined benefit and defined contribution schemes.
The appointment of Chris Evans as leader of MRS and Caren Chambers as senior product development manager in 2006 helped MRS refine the service and secure a pre-eminent position in the marketplace for packaged pension applications, Mercer said in a statement.
“When developing MRS we wanted to offer a service that would respond to our clients’ needs and address their concerns over cost uncertainty,” Chambers says. “MRS does this by offering a package of solutions at a known cost, and as a result has proved very popular with clients.”