Mercer, a global consulting leader in advancing health, wealth and careers, and a wholly owned subsidiary of Marsh & McLennan Companies (NYSE: MMC), has announced that, subject to regulatory approval, Benoit Hudon has been appointed as Mercer’s new Head of Wealth in the UK. Mr Hudon will join Mercer’s UK leadership team and will be responsible for the implementation and delivery of the UK Wealth business’ strategy across defined benefit (DB) pensions, defined contribution (DC), investment consulting and other specialist segments.
Most recently Mercer’s Global Defined Benefit Leader, Mr Hudon has held various leadership roles at the firm, including that of Retirement Leader in London and Mercer Canada Retirement Innovation Leader. He has been providing risk management consulting services for over 20 years and was lead advisor on the only two pension longevity insurance transactions ever executed outside of the United Kingdom. Finally, Mr Hudon was one of the main architects in the development of the Mercer Pension Risk Exchange™
. He holds a Bachelor’s degree in Actuarial Sciences from Université Laval and is a Fellow of both the Society of Actuaries and the Canadian Institute of Actuaries.
Commenting on his appointment, Mr Hudon said: “I am excited to take on this new role at Mercer. I look forward to working closely with colleagues, clients and other key industry stakeholders to ensure Mercer continues to focus on maximising value for our clients.”
Fiona Dunsire, CEO, UK, Mercer said: “We are delighted that Benoit will lead Mercer’s UK Wealth business. He brings considerable understanding of the sector and a track record of innovative solutions to the role. This depth of experience is key as we address the evolving needs of clients, both in defined benefit and DC pensions, and crucially as the importance of financial wellness and individual savings grows.”
Mercer delivers advice and technology-driven solutions that help organisations meet the health, wealth and career needs of a changing workforce. Mercer’s more than 22,000 employees are based in 44 countries and the firm operates in over 130 countries. Mercer is a wholly owned subsidiary of Marsh & McLennan Companies (NYSE: MMC), the leading global professional services firm in the areas of risk, strategy and people. With more than 60,000 colleagues and annual revenue over $13 billion, through its market-leading companies including Marsh, Guy Carpenter and Oliver Wyman, Marsh & McLennan helps clients navigate an increasingly dynamic and complex environment. For more information, visit www.mercer.com. Follow Mercer on Twitter @Mercer. In the UK, Mercer Limited is authorised and regulated by the Financial Conduct Authority.