Aon to buy Willis Towers Watson in $30bn deal

James Phillips
clock
Aon's Greg Case: Combination will create a more innovative platform capable of delivering better outcomes for all stakeholders
Image:

Aon's Greg Case: Combination will create a more innovative platform capable of delivering better outcomes for all stakeholders

Aon has confirmed it will buy Willis Towers Watson in a $30bn (£23bn) all-share deal, becoming the UK's largest pension consulting firm.

The amalgamation of the two global consulting firms, respectively the world's second- and third-largest insurance brokers, is expected to deliver annual pre-tax synergies and other cost reductions of around...

To continue reading this article...

Join Professional Pensions

  • Unlimited access to real-time news, analysis and opinion from the industry
  • Receive our in-depth monthly magazine in either print or digital format
  • Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
  • Receive important and breaking news stories selected by the Editors in our daily newsletter
  • Hear from industry experts and other forward-thinking leaders
  • Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date

Join now

 

Already a Professional Pensions member?

Login

More on Industry

Chancellor Rishi Sunak. Photo: UK Parliament CC BY 3.0

Tax relief and triple lock return among budget hopes

The Autumn Budget is being announced by the chancellor this afternoon

Holly Roach
clock 27 October 2021 • 4 min read
Richard Curtis is co-founder of Make My Money Matter

Pensions enable more CO2 emissions than whole of UK

Pension schemes fund an estimated 330 million tonnes of carbon emissions every year

Jonathan Stapleton
clock 27 October 2021 • 3 min read
LCP calls for DC and DB advice tax breaks in budget

LCP calls for DC and DB advice tax breaks in budget

Pensions Advice Allowance and tax relief on employer-funded advice usage remains low

clock 27 October 2021 • 2 min read