News: Watson Wyatt takes electricity role from Mercer.

Pensions Week, September, 2006

Watson Wyatt Investment Consultants has replaced Mercer Investment Consulting as adviser to the Northern Electric Group Pension Scheme.

The electricity distributor appointed Watson Wyatt following a review of advisers, though it would not be drawn on the reason for the change.

Northern Electric's defined benefit scheme has assets of GBP900m for which Watson Wyatt will provide ongoing investment advice.

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