Leading UK consultancy lures rival's pensions manager

Pensions consultancy Towers Watson, has made a round of six new hires for its investment business – including a manager of rival Mercer's own pension scheme – as the demand for market knowhow in the savings industry continues to build.

Gregory Jackson, who was a manager of the UK pension fund for Marsh & McLennan, which owns investment-consultancy Mercer, has joined Towers Watson as a client consultant. He will be a go-between for the firm's investment experts and its pension-fund customers.

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