Talent, health and retirement consultant Mercer has acquired the Positive Ageing Company, an independent adviser specialising in issues surrounding the ageing workforce.
Through the acquisition of the Positive Ageing Company, which focuses on the financial, care and health impact of ageing for employers and staff, Mercer aims to expand its capabilities in this area and drive UK business growth.
Mike and Chris Minett (pictured), co-founders of the Positive Ageing Company, will report into Tony Wood, partner and UK head of Mercer Marsh Benefits.
The terms of the transaction were not disclosed.
Mike and Chris Minett said: “We are excited to be joining Mercer because we have a shared vision; to enable organisations, their employees and ultimately their families to age well.
“Many organisations do not yet fully realise the significant impact that our ageing society is having on their workforce, their customers and their bottom line or more importantly the opportunities to be realised.”
Wood added: “It is estimated that one in three of the UK workforce will be over the age of 50 by 2020 and one in every nine workers will be a carer, so the personal and business impact of ageing and caring for an increasingly elderly population will continue to grow.
“This acquisition and the knowledge that it brings to Mercer will be invaluable for our clients.”