Mercer has announced the appointment of Paul Macro as head of defined contribution (DC) in its UK Retirement business.
Mr Macro is a Fellow of the Institute and Faculty of Actuaries. He joins from Towers Watson, where he was a senior consultant, a member of the DC management team and prominent in developing the firm's national DC strategy.
Mr Macro also worked on formulating the company's response to the 2012 Pension Reforms (auto-enrolment). Prior to this, Mr Macro worked for Aon Consulting as head of its UK DC Propositions.
"Paul's career in DC has spanned 17 years, positioning him well to take on this key role," said Tony Pugh, head of Mercer's DC business in Europe, Middle East and Africa.
"The next few years will be critical in the development of the UK DC landscape, with new legislation, new providers and new solutions coming to the fore. Paul will provide the skills and consulting experience to help us deliver to clients needs in this rapidly changing market. We are very pleased that he has chosen to join Mercer."
Mr Macro added: "I'm extremely pleased to be joining Mercer at this exciting time for DC pensions. The challenges of auto-enrolment and pressure from the Pensions Regulator to increase DC governance mean that there couldn't be a better time to take the lead of a vibrant and growing team."