News: Bayer drops MIC for Watsons.(Brief)(Brief Article)

Pensions Week, October, 2002

Bayer plc, the British arm of the German crop sciences company, has dropped Mercer Investment Consulting as actuary and consultant and hired Watson Wyatt.

The GBP400m scheme is the company's largest UK fund.

Martin Newson, company secretary at Bayer plc and a trustee, said Watsons showed enthusiasm and were "thought leaders".

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