Allianz appoints Aon Consulting as administrator

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ALLIANZ Cornhill has appointed Aon Consulting to administer its closed defined benefit scheme on behalf of 7000 members following a "comprehensive beauty parade".

The DB scheme, which closed to new members in April 2001, forms part of the general insurers hybrid £450m Retirement and Death Benefits Fund which includes a DC section with more than 2000 members....

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