Sections

Mercer has right chemistry for £50m DuPont mandate

UK – Chemical firm DuPontSA has appointed William M. Mercer as consultant and actuary for its new £50m (€80m) UK pension fund, which has both defined benefit (DB) and contribution segments (DC).

The new scheme will have 600 initial members from DuPont’s existing UK DB plan and will be open to any new employees joining the new company.

Mercer will provide actuarial, benefit consulting, scheme design, risk and legal advice, as well as advice on international matters.

DuPontSA is a new company formed by the joint venture of polyester, fibre, resin and intermediaries businesses of American company DuPont, the world’s largest chemicals company and Sabanci, a Turkish textiles firm.

Have your say

You must sign in to make a comment

IPE QUEST

Your first step in manager selection...

IPE Quest is a manager search facility that connects institutional investors and asset managers.

  • QN-2467

    Asset class: Search for a broker (mainly ETFs).
    Asset region: Global.
    Size: 250m.
    Closing date: 2018-08-28.

  • DS-2468

    Closing date: 2018-08-24.

Begin Your Search Here