UK - Aon Consulting is integrating its investment, actuarial and benefits consulting teams in order to provide "holistic" solutions to clients.
Aon says that where it performs more than two functions for individual schemes - such as being both the investment and actuarial consultant - it will relocate the relevant account teams and integrate them so they can produce tailored solutions for clients.
The consultant has already integrated teams in its Leeds and Edinburgh offices and plans to continue the process nationwide - starting in London.
Teams that have standalone client accounts will be unaffected by the move.
The consultant stressed that there would be no redundancies as a result of the changes.
Aon managing director of consulting Robert Middleton said: “We are continuing to develop our investment practice due to growth through new business and increasing client demand.
“As part of this development, we are relocating and integrating teams within our London office to make sure our clients receive advice that is focused on their business needs right across our offering, from actuarial services to benefits and investment.”
He continued: “As pension schemes mature, our clients will rightly expect funding and asset allocation advice to be delivered within a consistent framework and this change will ensure that our clients continue to get the quality of service they desire.”
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