Aon has announced it has acquired Townsend Group, a real estate investment management and advisory firm based in the US.
The $475m (£350m) deal was confirmed on 2 January. Aon, which currently manages more than £74bn of global assets and advises on £3.1trn global assets for more than 2,500 clients across 120 countries, said...
The top stories this week were the High Court's decision to block the £12bn annuity transfer from Prudential to Rothesay Life, and a separate court ruling that 'raises the bar' for pension rectification exercises.
Guaranteed minimum pension (GMP) equalisation has soared to the top of pension schemes' to-do lists, with 58% stating it is a priority project, research from Equiniti has revealed.
Professional Pensions is holding its defined contribution (DC) conference on 4 September.