LONDON, 23 November 2022 – Aon plc (NYSE: AON), a leading global professional services firm, has been appointed by the Gulf International Bank (UK) Limited Pension Scheme to provide investment advisory services.
Aon was named following a competitive tender process by the £150 million scheme, which has around 500 members. Aon will be providing integrated, expert investment advice, including journey planning, to help the scheme trustees make better, more-informed decisions.
Guy Stokely, chair of the Investment sub-committee of the Gulf International Bank (UK) Limited Pension Scheme’s trustee board, said:
“The Gulf scheme was seeking wider flexibility in its investment approach and was looking for an adviser who could support us with the last leg of our pension scheme journey. The Aon team offers an integrated approach, combining both consulting expertise and fund solution-led fiduciary management, thereby giving us the experience and flexibility we will need in the coming years.”
Roger Mattingly, independent trustee director for Ross Trustees Services Limited, chair of the Gulf International Bank Pension Scheme trustee board, said:
“After a comprehensive review process, we are very pleased with the appointment of Aon to expertly guide the Trustee Board through the next stage of the scheme’s financial management.”
Hatty Goodwin, senior investment consultant at Aon, said:
“As both a consultant and fiduciary manager, Aon can offer the Gulf International Bank scheme the widest set of options on how it manages its future investment strategy and navigates new forms of volatility. This will involve integrating our specialist consulting advice and journey planning expertise, with a portfolio full of our best investment ideas through Aon’s fund solutions and a delegated investment approach.”
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Media Contacts:
Colin Mayes
Aon
+44 (0)7801 748138
[email protected]
James Hartwell
Kekst CNC
+44 (0)7870 487532
[email protected]