JLT Benefit Solutions

Every month, several firms issue trackers of the aggregate defined benefit (DB) scheme funding position. See here for the April 2019 estimates on the various measures…

Marsh & McLennan Companies (MMC), the parent company of Mercer, has completed the acquisition of JLT today for $5.6bn (£4.3bn).

The vast majority of JLT Employee Benefits' clients have moved to the new equalised basis since the consultancy enabled pension schemes to calculate transfer values to allow for guaranteed minimum pension (GMP) equalisation.

A number of pension schemes have been prompted to lock in gains with a move into bonds after the estimated deficit across FTSE 100 DB pension schemes improved by £36bn, over the 12 months ending 30 June last year, JLT Employment Benefits found.

Marsh & McLennan Companies (MMC), the parent company of Mercer, has agreed to buy JLT for a total of $5.6bn (£4.3bn).

The industry is seeking the equalisation of the tax treatment of net pay and relief-at-source arrangements, but will it succeed? Natasha Browne investigates.

Total deficits of UK defined benefit (DB) schemes reached an all-time high of £341bn by the end of June amid uncertainty over Brexit, according to JLT Employee Benefits.

Total deficits of defined benefit (DB) schemes exceeded £300bn for the first time in May reaching record levels, according to JLT Employee Benefits.

Actions to tackle the lack of data quality must be spearheaded by the industry, according to JLT Employee Benefits' Bala Viswanathan.

The government's Lifetime ISA will lead to mass confusion and could pave the way for a future move to the Pensions ISA, according to several people.