University of Reading has appointed Mercer as an actuary for its £140 million U.K. pension scheme, IPE reports. Mercer won the £200,000 contract from 11 other applicants.

The pension scheme for Brunner Mond has also selected Mercer for providing dynamic de-risking services. The defined benefit scheme aims to get full funding, assisted by a new governance framework to protect the fund against downside equity risk.

Click here for the story from IPE.