Mercer Wins Henkel Actuary Mandate
German home care products maker, Henkel, has appointed Mercer as its global actuary.
German home care products maker, Henkel, has appointed Mercer as its global actuary. With the appointment, the Düsseldorf-based company is seeking to achieve a standardized and streamlined approach with greater transparency for its defined benefit schemes globally.
The company’s German and U.K. pension funds have $2.3 billion and $143 million, respectively, while its U.S. fund has $1.1 million, adds Pensions & Investments. Henkel is seeking to move towards a single actuarial provider.
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