Tag Archives: Aon
Playing a tiny violin badly for First Actuarial?
I am not sure what this little video or a badly played under-sized violin is saying? Is it ironic or simply inept? Gallagher is an insurance brokerage rather like Aon and Marsh Mac and Howden and Willis Towers Watson which … Continue reading
PENSION RISK TRANSFER INDUSTRY – Push Back and Critique
This paper has been sent to Pension PlayPen to accompany the presentation given by William McGrath and Con Keating on Tuesday 2nd September. The video and slides of this presentation are available on this link. This is the final piece … Continue reading
This was not the end small companies wanted for their pension scheme
Here is the download Risk settlement is a polite phrase for “capitulation”. The schemes who have capitulated to insurance company buy-outs/ buy-in’s are small. This chart shows just how biased the market to small DB plans. The big schemes make … Continue reading
The insurance takeover of UK pension consultancy
Barnett Waddingham , one of the few independent pension consultants is independent no longer, it is owned by Howden, an American insurance broker, In recent months, Gallagher has swallowed up Redington having swallowed Buck before. Alexander Forbes had been bought … Continue reading
Is there merit in running on? Thoughts on Aon’s “ASTRO”.
Aon have worked out that buy-out has limited attraction. It has limited attraction for a pension consultancy that makes its money from actuarial and investment advice, often extended to fiduciary management and it makes little sense to sponsors who pay … Continue reading
Why is no-one declaring for CDC?
It is getting on for 6 years since Royal Mail and CWU decided to quit warring over pensions and settle on a CDC solution for their staff. To date, not one penny has been committed to its corporate pension plan … Continue reading
Confusing evidence. Aon and Aegon’s bogus trade-offs
Aon has produced a survey of Aegon customers who are approaching the point they could choose pension over pot by buying into CDC, annuitizing or drawing down from their pot. The survey is interesting not so much for the results … Continue reading
The Mail exploits pension saver’s ignorance – who’s fault is that?
There is a lot wrong with this article, but one thing that is right is that performance matters and matters to the people who are using workplace pensions. If it didn’t matter, the Mail would not publish articles like this, … Continue reading
Searching for pensions? Beware of false flags
Anything by Paul Mcglone is a top read on pensions. Paul has an understanding for big data, the power of using it right and the dangers of getting it wrong. Here is an outstanding article that explains why Chris Curry … Continue reading
Aon could look beyond the employer, for appetite for CDC
So what does Aon mean by “the industry”? It’s in the nature of large consultancies that when they think “collectively”, they think of employers. Pensions have been “occupational” for generations and occupational pensions speak collectively as the “pension industry”. But … Continue reading