United Kingdom

Risk Settlement

Navigating risk reduction for schemes of all shapes and sizes

Martin Bird
In this evolving market, Aon is well placed to help trustees and sponsors navigate the settlement market to find the solution that best meets their needs
Martin Bird, Head of Risk Settlement

Choosing the best risk reduction strategy can prove challenging. Our experts help trustees and sponsors understand their motivation for risk reduction. We analyse each pension scheme's unique position and ensure adequate preparation is undertaken. We have settled risk using our full range of solutions for pension schemes of all shapes and sizes. Through our motivation, analysis, preparation, settlement (MAPS) framework, we have consistently implemented the best solution at the right time.

At Aon, we have achieved great success in the both the bulk annuity and longevity hedging markets. In the bulk annuity market, we have provided advice on 30% of UK transactions in 2016, including the largest transaction of the year for a UK pension scheme. In the longevity hedging market, Aon is widely regarded as the leading settlement adviser, having advised on more than half of pension scheme longevity risk transferred to date. In addition, we have also worked with insurers both in the UK and overseas on longevity risk transfer.

Our success is driven by the personal, tailored approach from our dedicated team of consultants and our key bulk annuity services:

  • Bulk Annuity Compass – our complete bulk annuity service positions our clients to get the best possible value from an annuity
  • Pathway – use of pre-negotiated contract terms, offered in conjunction with Eversheds Sutherland LLP
  • AHEAD – our platform for independently collecting medical data for bulk annuity quotations
  • Implemented Annuities – our delegated service for an annuity purchase

For an overview of the settlement market, topical articles and insights from our clients on recent transactions, please click here to download our 2017 annual market brochure (coming soon).

Over a number of years, we have repeatedly demonstrated that we are well equipped to deal with transactions of any size and complexity. For details on our services and up to date market information, please see the right hand menu.

If you would like more information, or to speak to one of our experts, call +44 (0)20 7086 9027 or email martin.bird@aonhewitt.com.

 

Accelerate your de-risking journey with our MAPS framework

 



Aon Hewitt Limited is authorised and regulated by the Financial Conduct Authority.

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