Aon Hewitt

Top stories on the site this week include plans to merge the LGPS into six 'wealth funds', a legal challenge to make schemes equalise death benefits for same-sex couples, and a growing deficit at Tesco.

Aon Hewitt has appointed Capital Cranfield director Nicki Mortimer as a trustee on the Aon MasterTrust, which it launched this week.

More than one in three schemes that use a fiduciary manager has no formal process to review their relationship according to an annual survey from Buck Consultants at Xerox.

Aon Hewitt has joined the defined contribution (DC) master trust market, launching a service aimed initially at existing schemes with £20m or more in assets.

Increases in life expectancy have slowed significantly over the last four years according to the Institute and Faculty of Actuaries' Continuous Mortality Investigation (CMI).

Generational segmentation in employee benefits is too simplistic and not necessarily meeting employers' and employees needs, Aon argues.

Tony Baily has been appointed client director by Cardano and joins from Aon Hewitt where he was a partner.

Up to 32% of employers will not amend their defined contribution (DC) schemes in light of the Budget 2014 changes according to research from Close Brothers Asset Management (CBAM).

Eight out of ten defined benefit schemes have taken some action to respond to the extra retirement flexibilities for defined contribution retirees introduced in April, research finds.

Aon Employee Benefits has launched an online retirement platform, Bigblue Touch 4life, to give scheme members access to freedom and choice.