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Exclusive: Mercer to shut five offices as part of post-pandemic acceleration of flexible working Pozezanac: The pandemic has reinforced our thinking and approach to agile working Mercer has set out plans to move to an agile office model on a permanent basis – closing a number of offices and modernising others as a result of both the acquisition of JLT in 2019 and the impact of the Covid-19 pandemic. The firm said its plans - which will not involve any job cuts - will build on its existing flexible working policy and give all its remote workers access to offices. It said the agile office model will result in the reduction of some office sizes and the closure of some physical spaces, with additional investment being made in other locations. ....
Mercer – Ashok Gupta has been named chair of Mercer’s UK board. Selected for his extensive board and executive experience in the financial services industry, across asset management, wealth management and the pensions segments, Gupta will also chair the risk committee and the nominations committee. An entrepreneur with over 40 years of experience in the UK insurance and financial services industry, Gupta has held a number of senior executive, advisor and actuarial positions during his career. He chaired a Pension & Lifetime Savings Association taskforce that recommended superfunds, defined benefit consolidators for which there is now an interim regulatory regime. Gupta was also deputy chair of a Bank of England working group on procyclicality by pension funds and insurance companies. ....