Aon Empower Results

Pension Clicks

In this edition of Pension Clicks, we summarise the last quarter’s pension developments in In Sight, analyse the pension risk transfer market, with advice and tips, in our 2018 Risk Settlement Market Review, and ask when DC members should be helped to make their own decisions.

In Sight – May
Our quarterly summary of pensions issues includes the White Paper on DB pensions and a number of changes that took place in April, including the latest on DC disclosure, and a round-up of cases and other news. A reminder – In Sight is now only available online.

The latest on pension risk transfer – read our Risk Settlement Annual Review
Our review looks at the latest activity in bulk annuities, longevity swaps and other pension risk transfer options – supported by expert advice and insight. It is essential reading for any firm interested in transferring pensions, or just learning more about the current pension risk transfer landscape.

Decision or default?
Lynda Whitney discusses how and when those managing DC schemes should help members make their own decisions, in an article first published in Pensions Age.

Is auto-enrolment enough to help women prepare for retirement?
That is the question posed in a new blog by Aon’s DC team.

What does freedom look like?
It is now two and a half years since over-55s were given much greater control over their retirement savings. Aon’s Adam Burn explores what we’ve learned so far.

The rise of factor investing: investing for DC savers
Factor investing offers a low-cost approach which can produce enhanced risk-adjusted returns for your pension scheme. So when trying to achieve diversification in your portfolio, what role can it play?

Take part in our 2018 Fiduciary Survey
Our UK Fiduciary Survey is now open – take part to receive a full copy of the findings, and have a chance to win an Apple Watch.

An investor’s guide to responsible investment
An introduction to responsible investment, the main approaches and the investor landscape.

Invitation to participate in research – institutional decision-making
The Institute and Faculty of Actuaries is sponsoring research into the behavioural aspects of pension scheme decision-making which will be delivered by a consortium of partners: Ipsos Mori, City University and Leeds University, and supported by Aon and Invesco. Ipsos Mori are looking to conduct informal interviews with DB and DC trustees – you are invited to take part.

The chair’s role in making better scheme decisions
The way a trustee meeting is chaired has a direct impact on the board as a whole, the decisions made and the effectiveness of those decisions. Susan Hoare looks at how in this article, first published in Pensions Expert.

ESG: Better long-term outcomes?
John Belgrove and a panel of other investment experts discuss environmental, social and governance-related investing in this roundtable organised by Portfolio Institutional.

New technology for a new era in pension scheme risk management
One of the biggest challenges facing DB sponsors and trustees is making effective and timely decisions based on a large volume of information from a variety of sources. Aon’s real-time valuation and risk management system, Risk Analyzer, can help you to understand, manage and take immediate action in relation to your scheme.

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

Aon in the press
This month, we say that the Pensions Regulator’s Annual Funding Statement puts greater emphasis on planning and monitoring, while our survey finds that the government’s White Paper measures will offer better protection to pension schemes. We anticipate attractive opportunities in the risk settlement market for the rest of 2018 and believe that while new cyber guidance is a good start, pension schemes still need to do more. We also appoint Emma Adair as head of client services for UK investment.

May 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 2018/19 pensions training calendar.

3 May, London
An afternoon of ‘education and entertainment’
Join us for a seminar on the latest investment thinking, followed by sommelier-led wine tasting and networking.

8 May, London
Cyber risk seminar – how resilient are you?
What should pension schemes be doing to deal with cyber risk? This seminar will arm DB and DC employers and trustees with actions to protect the pension scheme now and in the future.

15 May, London & 6 June, Birmingham
Reducing risk at the right price
Join our risk settlement experts as they guide you through the de-risking solutions available and the steps required to capture the best price.

16 May, Geneva & 17 May, Zurich
Institutional Investment Conference
How can investors improve a traditional asset allocation with Aon’s ‘Best Investment Ideas’?

17 May, London
Aon Community Art Award auction
View and bid for art by emerging young artists from Leeds, Glasgow and Manchester Colleges of Art, supported by Aon. You can bid online if you can’t make the event.

21 May, London
Better boards: improving trustee meeting effectiveness and decision-making
Discover how behavioural science can help trustees achieve better results for their pension funds, at this seminar, followed by food and drinks.

22 May, London
Investment Breakfast Series – Cashflow Driven Investment
CDI: do we need another three letter acronym? Find out at the latest in our series of investment-focused breakfast seminars.

12 June, London
Investment Conference: Gearing up for Change
Hear direct from Aon’s investment specialists, external asset managers and other key industry figures on how investors can improve a traditional asset allocation with more niche investment ideas.

9 July, London
Better DC Pension Decisions Workshop: using behavioural science to improve fund decision-making
Attend this workshop, run by Aon with Behave London, and find out how to spot and overcome the behavioural biases which can get in the way of effective decision-making.

20 September, Frankfurt
Rethink 2018 – European Pension and Lifetime Savings Conference
Addressing the key aspects of managing corporate pensions and retirement provision locally and globally.