Merchant Navy Officers Pension Fund

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09Oct19

Update on MMC’s acquisition of JLT

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MMC Acquisition of JLT

On 1st April this year Marsh & McLennan Companies (MMC) completed the acquisition of Jardine Lloyd Thompson Group plc (JLT).

The JLT team continue to administer the Fund and, going forward, members should see no difference to the services they receive. Over the coming months JLT will gradually rebrand themselves as Mercer (who are also part of the MMC group).

MNOPF Chair, Rory Murphy, commented “The Trustee continually monitors the performance of all the Fund’s advisers and has received the appropriate reassurances regarding continuity of service levels to our members. We fully expect JLT to continue to deliver the high levels of service which we are used to”.

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