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Marsh McLennan's Mercer completes the acquisition of Cardano

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  • Sinead Leahy, Client Director and Managing Director
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    Cardano, the pensions advisory and investment management specialist, has appointed Sinead Leahy as a Managing Director and Client Director. Based in London, Sinead will help drive strategic investment advisory and journey planning / integrated risk management (IRM) advice to pension scheme trustees and their sponsoring businesses.

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    Cardano, the pensions advisory and investment management specialist, welcomes the Department for Work & Pensions’ (DWP) draft Occupational Pension Schemes (Funding and Investment Strategy and Amendment) Regulations 2023.

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    Cardano, the pensions advisory and investment management specialist, has appointed Rachael Savage as a Client Director in the Client Management Team. She joined on 10 October and is based in the London office.

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    The direct impact of recent gilt market gyrations has been felt within schemes’ LDI (Liability Driven Investment) portfolios. Here are some practical steps to improve LDI design

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    The Bank of England, announced a 0.5% rise to interest rates, matching market expectations. The trajectory of UK monetary policy remains in line with the similarly tighter policy settings being put in place by most of the world’s major central banks.

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    The ECB’s decision to raise interest rates today comes against the backdrop of downwardly revised growth forecasts and upward revisions to inflation projections across the forecast horizon. Shweta Singh, Senior Economist, comments on the underlying details of the announcement.

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    The Cardano Group (‘Cardano’), the pensions advisory and investment management specialist, is pleased to announce that its application to remain a signatory to the UK Stewardship Code has been successful. The UK Stewardship Code 2020 sets high stewardship standards for those investing money on behalf of UK savers and pensioners, and those that support them. […]

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    Going into this internship, I didn’t have a clear picture of what I wanted to get out of it. I knew it would be good to network and build connections, and perhaps build on the little marketing experience I had from university. I certainly did not think that I would leave feeling so fulfilled in my role, with a clearer idea of what I wanted to do post university.

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    This morning’s release of GDP data for June and Q2 2022 shows a mixed picture of the health of the UK economy. Real GDP fell by a seasonally adjusted -0.6% in June and by a seasonally adjusted -0.1% in the quarter as a whole. The underlying details of the release reveal the severe squeeze on consumers from high inflation.

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    Cardano, the pension advisory and investment management specialist, has been appointed by the Unisys UK Pension Trustee to act as the fiduciary manager of the Unisys Pension Scheme, Unisys Payment Services Pension Scheme (Unisys Section), and Unisys Public Sector Pension Scheme.

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    The Bank of England has announced a base rate rise by 0.5% to 1.75% in an attempt to address the UK’s burgeoning inflation problem.

    Ross Barr, Senior Investment Strategist, shares Cardano’s reaction on what this could mean and what can be expected.