US - Mercer is to abandon its US Transition and Recapture Services business in the second part of its clear-out to rid the operation of perceived conflicts of interest.
Mercer IC will close Mercer TRS, its affiliated brokerage operation, during the first quarter of 2005. The decision to close the business was motivated by the US Securities and Exchange Commission’...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders