Pensions
Aon Adds $4.56B in OCIO Assets With 3 New Clients
A defined benefit pension administered by the company is among the funds outsourcing assets in its EMEA region.
Tag: Aon
Pensions
Royal Mail Finally Launches Britain’s 1st CDC Pension Plan
The debut comes nearly a decade after collective defined contribution pension plans were first proposed in the U.K.
Pensions
Corporate Pension Funded Status Mixed in August
Some trackers saw their first decline in funded status in months, during a 'tumultuous' month for equities.
Pensions
PSERS, Aon Settle Lawsuit for $7M
The accounting firm admitted to errors in a 2020 risk analysis, significantly disrupting the Pennsylvania education workers’ plan.
Pensions
Canadian Pension Funded Statuses Hold Steady in Q2
The plans maintained their surplus amidst weak domestic equity performance.
Pensions
Record $15B in Pensions Transferred to Insurers in Q1
Jumbo deals by Verizon and Shell led a busy quarter that points to a busy year for PRT.
Pensions
Ohio Attorney General Calls for Removal of Two Teachers’ Pension Board Members
Attorney General Dave Yost accused the members of breaching their fiduciary duty to the fund.
Corporate Moves
PRT Market Headed for Another Year Over $40B, Aon Says
With Shell and Verizon both conducting large transfers in recent months, 2024 has already seen more than $10 billion.
Pensions
Corporate Pension Funding Levels Skyrocket in February
A majority of the largest U.S. corporate pensions are at their highest levels in decades, according to a number of pension trackers.
Pensions
US Corporate Pension Plans Continue to Improve Funded Status in January
A rise in discount rates helped most statuses increase last month, according to multiple pension trackers.
Regulation
Aon Agrees to $1.5M Settlement With SEC Over Pennsylvania Pension Data
The penalty is related to misleading statements the adviser made to the Pennsylvania Public School Employees’ Retirement System.
Pensions
Corporate Pension Funding Sees Mixed November Returns
Corporate pension funding returns varied depending on the allocation of a plan’s assets.
Pensions
US Corporate Pension Funding Rises Slightly in September
Funding status rebounded from a loss in August.
Market Moves
US Corporate Funding Ratios Decline Slightly in August
Corporate pension funding decreased for the first time since December 2022.
Pensions
Pension Risk Transfers Hit Highest Level Ever
Companies that sold their plan liabilities to insurers set records for dollar volume and deal numbers in the first half of 2023, per an Aon study.