Sun Chemical Pension Scheme’s trustees have hired Mercer to unveil an implemented investment solution, Professional Pensions reports. The solution will aim to help Sun chemical trustees’ manage the funding level for its £260 million closed defined benefit (DB) scheme.
The consultant will create a diversified growth portfolio to drive investment returns, while gradually setting up a liability-matching portfolio as the scheme’s funding position improves. Mercer was selected through a tender process, where the trustees considered a number of different types of providers.
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