Aon

Aon has published a paper offering pension scheme trustees insight into investment areas if they are looking for competitive financial returns and to deliver a positive social and environmental impact.

Many traditional flexible benefit schemes have become complex and unwieldy. Nick Martindale looks at how providers are evolving to simplify products and better meet employee needs.

The National Grid UK Pension Scheme has agreed its second buy-in this year, transferring £1.6bn of pension risk to Legal & General (L&G).

As more schemes reach a fully funded status, it is important that the risk-averse environment is not codified into regulations, says Paul McGlone.

The lack of clarity from HM Revenue and Customs (HMRC) on guaranteed minimum pension (GMP) equalisation is “no excuse” for stalling implementation, says Aon.

Small schemes are facing “obvious challenges” in grabbing insurer attention as “jumbo” deals are beginning to typify the bulk annuity market, Aon says.

Estimates of the amount of money needed for a ‘modest’ retirement can vary by up to £500,000, according to research from Aon.

FTSE 100 risk settlement transactions have reached £70bn as a third of these firms remove longevity risk, according to Aon.

The National Grid UK Pension Scheme has agreed a £2.8bn buy-in deal with Rothesay Life, covering the benefits of an unspecified number of pensioner members.

Responsible investing has dramatically grown in importance to investors over the last year, according to research by Aon.