Aon Empower Results

Pension Clicks

In this edition of Pension Clicks, we take an in-depth look at the GMP equalisation judgment, explore where future retirement income will come from and suggest that schemes refocus what ‘risk’ means for DC savers.

Solving the puzzle – equalising for GMPs
We take an in-depth look at the recent High Court ruling on equalising for GMPs, including assessing the ruling itself, the implications for schemes and the immediate concerns. The publication also provides a case study showing how equalisation has been achieved in practice and a project plan outline.

A shift in finances
Tony Pugh considers where future retirement income will come from in this article, first published in Pensions Age.

Refocusing what ‘risk’ means for DC savers
We expect DC pension schemes to continue to develop and enhance the investment options that they offer to members. Refocusing what ‘risk’ means for DC savers should be at the heart of this. Our new whitepaper looks into this topic.

DC Pension and Financial Wellbeing Member Survey 2018
This year, we have extended our annual DC research beyond employees’ pensions and examined their current financial health as well. What we have found is compelling. On the whole, employees are optimistic about their finances, but their perceptions and reality often do not match up.

Listen to our latest podcast – Focus on financial wellbeing
In this episode we continue to discuss the DC and Financial Wellbeing Survey 2018, as Karina Klimaszewski and Alex Skinner look at the Wellbeing section of the report.

Video – How do members really feel?
In our new series of short videos, we ask real members how they feel about planning for retirement. In the first we ask them what it is like to be saving for retirement today.

Responsible investment newsletter
Our November newsletter provides an update on the DWP’s consultation on trustees’ duties and the Prince’s A4S Project. It also highlights some of the steps being taken to address the financial risks from climate change.

When cash becomes king
John McAleer of Aon and Graham Wardle of Legal & General Investment Management, in their roles as members of the Running Off Mature Schemes Working Party, discuss the rise of cashflow driven investment. Originally published in The Actuary, November 2018.

How to tackle your evolving administration challenges
Pensions administration faces constantly evolving challenges. In this article, first published in Professional Pensions, Gary Cowler explores some of these, and the ways schemes and their administrators can tackle them. The article features findings from our Guide to Emerging Trends in Pensions Administration.

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

Aon in the press
This month, our whitepaper examines different scheme valuation approaches. We state our beliefs that the DWP consultation on CDC is a key step in improving the UK pensions system and that the GMP equalisation judgment poses new challenges for the buy-in market. We also partner with Scientific Beta and LGIM to develop a customised multi-factor index and appoint Geri McMahon to our Responsible Investment team.

December 2018

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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 2018 pensions training calendar, or here for 2019.

February-April 2019
UK Pension Conferences 2019
As in previous years, the conferences will bring high-quality pensions learning and discussion to London, Manchester, Bristol, Birmingham, Leeds and Edinburgh.

Also on our website

Aon’s DC Pension and Financial Wellbeing webinar – Living the Dream?
Listen again to our webinar discussing insights from our new survey.

Aon Investment Outlook Webcast: Multi-factor investing and responsible investment
Listen again to Tapan Datta, Andrew Peach and Jennifer O’Neill sharing some early findings from our Global Responsible Investment Survey and discussing the work we have done with Legal & General to develop a multi-factor fund for our clients.

Online monitoring tool for your scheme
Our Risk Analyzer tool is now used by over 600 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.