Almost half (40%) of pension schemes are open to investing in alternative asset classes to reduce their portfolio risk, according to Aon Hewitt.
Employers offering defined benefit (DB) schemes are unlikely to increase their normal retirement ages beyond 65 despite changes to the state pension age (SPA), according to Aon Hewitt.
Deal with Dutch insurer Aegon marks French bank’s first major transaction in the longevity swap market
Deloitte plans to launch a service to help schemes move to flexible defined benefit (DB) structures in order to obtain better buyout deals.
Taha Lokhandwala on consolidation in the admin market
Taha Lokhandwala examines how the administration market will react to Aon Hewitt’s merger
Aon Hewitt has launched an auto-enrolment (AE) solution in partnership with Zurich, offering a 0.5% annual management charge (AMC) for its default fund.
Scrapping defined benefit (DB) indexation will be controversial but collective defined contribution (DC) plans outlined in the government's defined ambition (DA) paper could prove popular, the industry says.
Aon Hewitt is to merge its benefits administration and HR business process outsourcing (HRBPO) units in the UK, leading to around 45 redundancies.
Aon Hewitt has announced that former Capita Employee Benefits head of health management Stephen Hackett has stepped into the newly-created role of head of health and risk.