Canada Pension Plan Investment Board, Toronto, hired William Mercer as a consultant, said Janice Sharette, director of the transition team for the new organization. The CPP, set up as a "pay-as-you-go system last October, will manage the revamped pension or social security plan of Canada. Mercer is "in the process of advising and helping the board select investment managers and a custodian, Ms. Sharette said. The CPP will hire or appoint the managers by the end of February, at which time the plan will start receiving funds.
Canada Pension Plan Investment Board, Toronto, hired William Mercer as...
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