Tag Archives: Aon

Being all things to everyone’s annoying – Aon should not annoy DWP/HMT

This was a week when Aon brought employers “all things to all private sector employers” All private companies run workplace pension schemes so Aon run a product for every pension saver. The net accessible market for Aon is every employer … Continue reading

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AON why this DC/CDC hybrid mastertrust launched in 2028???

I’m sure I’m not  the first to be  bewildered by Aon delaying the launch of their workplace CDC plan till 2028. May I express my exasperation? I had hoped we would make people’s life with CDC but here is a … Continue reading

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BlackRock , Aon and TPT – CDC – the next generation of master trust.

I am pleased that Professional Pensions ran a one hour discussion on the workplace pension that runs with CDC. I phrase it like a car manufacturer would introduce a car that runs on electricity, it is still an idea that … Continue reading

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Is my retirement under threat from “geopolitical tension”?

Damned be the word “geopolitical” it is not a word that means anything to ordinary people . “Geopolitical risk” may mean something to investment and actuarial gurus but what it translates into for ordinary folk  is “higher prices for the … Continue reading

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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

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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

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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

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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

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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

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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

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