Mercer has announced the appointment of Steve Sands as UK financial planning leader.

Sands will be responsible for leading the ongoing integration of the JLT and Mercer Jelf financial planning teams. Overseeing a team of 200, he will report to Mercer’s UK wealth leader, Benoit Hudon. Sands joins the team with over 25 years’ experience in the financial planning industry, previously acting as UK director of platform distribution and workplace relationships at Standard Life.


RPMI has appointed Michelle Ostermann as managing director of its investment business.

Ostermann was appointed to the role following the retirement of Julian Cripps in December 2019, having previously joined RPMI’s investment business at the start of 2019 as chief fiduciary officer. She was also appointed to the RPMI board in September 2019. Previously, Ostermann was senior vice president at British Columbia Investment Management Corporation, and has 25 years’ experience across the broader investment, insurance and pension industries.

Pensions Bee has named Michelle Cracknell CBE as new Independent non-executive director.

Cracknell, the former CEO of The Pensions Advisory Service, joins the board with over 30 years’ experience specialising in pensions and retirement planning. Cracknell said she hoped to ‘help people take ownership of what is a significant life investment’ in the new role.

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