LONDON, 11 February 2026 –
Aon plc (NYSE: AON), a leading global professional services firm, has been reappointed to every available ‘lot’ - the prescribed services across the framework - of the new national Local Government Pension Scheme (LGPS) framework for actuarial, benefits and governance consultancy services in the UK.
The framework plays a key role in public sector pensions by removing much of the complexity and cost traditionally associated with procurement. It also gives LGPS administering authorities, employers and investment pools the confidence that framework providers have been assessed on quality, capability and price. The framework was launched last month and will run until 7 January 2034.
The LGPS is one of the largest defined benefit (DB) pension schemes in the world and is the largest DB scheme in England and Wales, with 22,102 employers, 6.9 million members and assets of more than £402 billion.
Aon was reappointed to lots 1-5 of the framework, covering actuarial services, benefit consultancy, governance consultancy, funding risk advice and consultancy support for specialist projects. Aon achieved high quality scores during the process and is well-placed to deliver a broad range of solutions to continue meeting the evolving needs of LGPS funds.
Under the framework, awarding authorities can now select Aon instead of needing to run a resource-intensive tender process.
Laura Caudwell, director public sector pensions and LGPS fund actuary for Aon, said:
“Aon’s reappointment to the framework comes at a time when LGPS funds and pools are under increasing pressure to deliver strong outcomes for members, employers and taxpayers, while also demonstrating clear value for money and robust governance.
“Aon’s reappointment confirms its strong commitment to supporting the LGPS through these times of unprecedented change, with administering authorities navigating their way through local government reorganisation, changes to accelerate investment pooling and new good governance requirements. Alongside this, authorities are having to deliver administration changes to ensure greater access to and fairness of member benefits.”
Laura Caudwell continued:
“Aon’s current and future public sector clients can now continue to access our actuarial, benefits, governance, risk and project management expertise both quickly and efficiently, allowing them to focus their time on strategic decision-making and ensuring delivery of a robust, efficient pension scheme.”
Aon had already been appointed to a wide range of services within various other LGPS Frameworks. This includes all lots under the investment management consultancy services framework and the pensions administration and operational support services framework, as well as selected lots under the additional voluntary contributions services and consultancy services associated with the additional voluntary contributions and stewardship services frameworks.
About Aon
Aon plc (NYSE: AON) exists to shape decisions for the better — to protect and enrich the lives of people around the world. Through actionable analytic insight, globally integrated Risk Capital and Human Capital expertise, and locally relevant solutions, our colleagues provide clients in over 120 countries with the clarity and confidence to make better risk and people decisions that protect and grow their businesses.
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