Aon Empower Results

Pension Clicks

In this edition of Pension Clicks, we explore schemes’ long-term targets and the actions they are taking to achieve them in chapter 1 of our Global Pension Risk Survey, examine why it is important for trustees to overcome fear of regret, and preview findings from our 2019 Global Responsible Investment Survey.

Global Pension Risk Survey 2019: read chapter 1 – Long-term targets
DB schemes are maturing rapidly, with most schemes' long-term objectives now closer than they have ever been. Chapter 1 of our 2019 Global Pension Risk Survey looks at schemes’ long-term targets and how they plan to achieve them.

Podcast: Global Pension Risk Survey Chapter 1 – Long-term targets
Our podcast on Chapter 1 of the survey explores in more detail the issues raised. What are schemes doing to work towards their objectives?

It is better to have loved and lost…or is it?
Fear of regret can be a paralysing factor when making important decisions. John Baines explains why it is important for trustees to overcome this cognitive bias. First published in Professional Pensions.

Global Responsible Investment Report – coming soon
Responsible investing – including ESG, impact, socially responsible and mission-related investing – is fast moving up the agenda for institutional investors globally. But debates on its merits continue, suggesting a wide range of attitudes and views among investors. Earlier this year, we surveyed the views of a range of investors throughout the world. The findings will be available soon; you can sign up now to receive your copy.

Retirement podcast – responsible investment
In this month’s podcast, Victoria Panormo summarises key pension news from the last month and is joined by Tim Manuel to discuss the latest developments within Responsible Investing and what this means for pension schemes.

Aon crowned Multi-asset Manager of the Year at European Pensions Awards
When Aon won the award, our Investment team was praised for ‘its strong performance and keenness to innovate, along with its effective engagement with trustees’. Read more in European Pensions’ summary of our win.

DC scheme survey – how do you compare?
Our 2019 DC Survey seeks the views of sponsors and trustees at DC schemes of all sizes, at a time of substantial change in DC pensions. Take part in the survey to share your views.

Guide to Member Options
In chapter three of our guide, we look at the trend for member option exercises to be run alongside the insurance broking process to make buyout more affordable. We include case studies on how this was achieved on fully funded buyouts for Rentokil and PA Consulting.

Risk Settlement Bulletin
This month’s Bulletin shares the behavioural insights that can help you navigate through pension risk settlement; looks at what the recent HSBC longevity swap tells us about the wider market; and provides an update on current insurer bulk annuity costs.

2020 Aon Pension Conferences: Clarity of Vision
Registration is now open for our 2020 events – secure your place now. A full day’s attendance entitles you to 4.5 CPD hours.

Week in Markets
A summary of market movements over the past week.

Aon in the press
This month, we announce our new partners and Tony Baily rejoins Aon. We act as lead adviser on the £4.7 billion buyout for telent and the Trustees of the GEC 1972 Plan with Rothesay Life. Our 2019 Global Pension Risk Survey sees UK schemes setting clear targets while endgame objectives are defining their investment strategies.

October 2019

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Dates for your diary

Pensions training dates available

Sign up here to reserve your place on any of the courses on our 2019/20 pensions training calendar.

16-18 October, Manchester
Pensions and Lifetime Savings Exhibition
Aon will be exhibiting at the PLSA exhibition – drop by our stand and say hello!

21 November
Breakfast briefing: The evolving DB transfer environment
This discussion will provide trustees and scheme sponsors with the latest updates to DB transfers, including partial transfers, the impact of GMP equalisation and how recent changes in the IFA market and are likely to impact members who want to transfer their DB benefits.

Also on our website

Global Pension Risk Survey: how are schemes managing their maturity?
Hear insights from the UK findings of our 2019 Global Pension Risk Survey and find out how rapidly-maturing DB schemes are tackling the need to make decisions about both scheme assets and the liabilities.

Providing options for members of DB schemes
Listen to our recent webinar, addressing the provision of options and support for members of DB schemes at retirement and in bulk exercises.

Webinar: Global DC and Financial Wellbeing Employee Survey
Listen again to our global webinar. How does reality compare with the perception of employees’ financial health? What do employees think about retirement? And how can employers balance workforce planning needs with a productive, engaged workforce?

Webinar: Mortality trends and longevity risk
Listen again to our webinar for updates on mortality data, longevity risk and the longevity market – is it reaching capacity?

Online monitoring tool for your scheme
Our Risk Analyzer tool is now used by over 900 schemes to monitor various financial and risk measures. This video gives you an example of how Risk Analyzer could help you.

Read the latest update from our Retirement and Investment blog.