SWEDEN - Aon Consulting has kicked off a major push to become leader of the Swedish pension and investment market with the appointment of four new senior consultants to its Swedish business.
Aon said it planned a “rapid Swedish expansion” with the aim of becoming the Swedish market leader within pensions, investments and benefits before the end of 2007.
“Since the autumn’s establishment of Aon Consulting in Sweden we have seen a major interest both from customers and potential employees,” said Mats Langensjo (pictured), managing director of Aon, Sweden.
“Our new colleagues make an important contribution in order to provide a truly leading adviser to Swedish corporates in the areas of pensions, investments and benefits.”
The appointments include three senior consultants Anders Palm, Cecilia Ronn and Helena Berggren and consultant and business developer Martin Kallstrom.
Langensjo added: “These recruitments add to Ola Larson, the previous Nordic head of Mercer, senior consultant Mikael Westlund and the fact that we together – Aon Insurance Management and Aon Asset Management – can be a truly independent provider and assembly platform for outsourcing of pension management services.”
Palm has a background as an adviser on pension design, tax and accounting issues while Ronn has worked for pension insurance companies SPP, Alecta and Skandia.
Kallstrom joins from Watson Wyatt, where he was involved in the evaluation of pension liabilities, financial risks and investment issues. Berggren joins from Lansforsakringar and Benefit Network, Mercer, where she focussed on project management and implementation of large pension plans and management of IT-based pension portals.
The PPI has unveiled a policy paper outlining current considerations and policy debates relevant to DC scheme default strategies. Kim Kaveh explores some of its views.
The £30bn local government pension pool has appointed Quoniam and Robeco to manage an active equity portfolio worth around £400m.
The volume of insured buyouts from FTSE 100 defined benefit (DB) schemes could increase from £5bn to £300bn by 2029, according to Lane Clark & Peacock (LCP).