Aon
Rothesay Life agrees £4.7bn buyout of GEC scheme; Biggest ever deal smashes 2018 volumes
Rothesay Life has agreed the UK’s largest ever bulk annuity deal to date – a £4.7bn buyout of the GEC 1972 Plan, making 2019 officially a record-breaking year.
DB schemes continue move out of equities in favour of illiquids
Over half of all UK defined benefit (DB) schemes have reduced their investment in equities over the last two years while diversifying into alternative growth assets, according to Aon.
Governance and investment innovation in DC
Improvements in governance are leading to increasing investment innovation in DC. In this roundtable, panellists discuss charges, alternative investments and how schemes are approaching ESG
Aon promotes seven to partner
Aon has announced the promotion of seven of its UK retirement, asset management and reward team to partner.
Exclusive: 90% of DB schemes have set a long-term funding target
Almost all UK defined benefit (DB) schemes (92%) have set clear long-term funding targets, with most focused on buyout or self-sufficiency, according to Aon.
WSB Awards 2019 - The Winners
Here they are - the winners of the Workplace Savings and Benefits Awards 2019...
Most schemes targeting self-sufficiency over buyout
The majority of pension schemes that are using a long-term funding target are focused on self-sufficiency, Aon research has revealed.
It is crucial we address concerns around sole trusteeship
The concept of sole trusteeship must overcome a number of challenges, especially as the model becomes more widespread, argues Paul McGlone
Five stories you may have missed this week
This week's top stories included HSBC's scheme completing a £7bn longevity swap with PICA and the government announcing it would review the tapered allowance for NHS scheme members.
Rothesay Life agrees £520m buy-in with Cadbury scheme
The Cadbury Mondelēz Pension Fund has agreed a £520m buy-in with Rothesay Life, insuring benefits for around 1,900 pensioner members.
Public sector contractors to face 'real issues' following McCloud judgement
The changes likely to be required in public sector pension schemes following the McCloud judgement could have significant financial consequences for public sector outsourcing contractors, Aon says.
Lack of member understanding at retirement is key concern for trustees
The lack of defined benefit (DB) scheme members' understanding of their retirement decisions is a key concern for trustees and sponsors, according to survey conducted by Aon.
PP Investment Awards 2019 - Shortlists published
Here they are… The shortlists for this year's Professional Pensions Investment Awards.
Applying behavioural science to pensions risk settlement
Tendencies to prefer the status quo and familiar names can result in slower or more irrational decisions, Aon says. James Phillips explores the impediments to risk settlement.
Five stories you may have missed this week
This week's top stories included the GMP Equalisation Working Group publishing a call to action to help schemes begin the process.
Schneider Electric grants £400m fiduciary management mandate to Aon
Schneider Electric has appointed Aon to provide full fiduciary management services for over £400m of assets held in the Schneider Pension Plan.
PMI appoints Tim Phillips as vice-president and reshapes advisory council
The Pensions Management Institute (PMI) has elected Tim Phillips as vice-president, taking over the office from Lorraine Harper.
Smiths Group scheme conducts £176m buy-in with Canada Life
The Smiths Industries Pension Scheme has secured a £176m buy-in with Canada Life, its second with the insurer.
Kevin Wesbroom joins Capital Cranfield as a professional trustee
Capital Cranfield has appointed former Aon senior partner Kevin Wesbroom as a professional trustee.
Where the regulator needs to be clearer
Panellists at an industry roundtable discuss their need for more clarity and balance from the regulator. James Phillips reports
How Rolls-Royce completed its £4.6bn buyout with L&G
Following Rolls-Royce's record buyout earlier this month, James Phillips speaks to some of the key players about the process.
Partner Insight: Can illiquid investments help in a slow-growth future?
Aon head of DC investment advisory Chris Inman explores the many uses of illiquid assets in pension portfolios.
