Mercer Investment Consulting has been appointed to provide investment consulting services to the pension arrangements for Mothercares two defined benefit schemes. The combined fund size is approximately 115 million.
“We are pleased to have been chosen by such a prestigious organisation and we look forward to partnering with Mothercare to achieve their objectives,” says Steven Herbert, lead Investment Consultant.
Mercer was in competition with Aon, Psolve and PricewaterhouseCoopers for this appointment. Aon were the previous incumbents.
Mothercare is a specialist retailer for the mother-to-be and parents of young children, mainly in the UK.