The One Brief is Aon's weekly guide to the most important issues affecting business, the economy and people's lives in the world today.
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The latest thinking from Aon’s UK Retirement and Investment teams.
This In Depth analyses UK pension schemes' funding valuations completed up to July 2024. It shows that the average funding level was over 100% for the first time under the current funding regime and that nearly two-thirds of schemes were fully funded. However, reaching full funding against the existing funding target will not be the end of the story for most schemes.
UK survey findings
The DB pension risk management journey
The Global Pension Risk Survey has been running every two years for over a decade and it gives the pension industry great insight into how the pensions landscape has developed.
Our quarterly summary of pensions issues covers the latest on pensions dashboards and the government’s pensions review, a consultation on DC consolidation, an update on the DB scheme funding regime, and a round-up of other news.
To help with planning, our On the Horizon summary provides a reminder of some of the legislative and regulatory developments expected over the coming year and a few key dates beyond that.
The Pensions Regulator has published its updated Defined Benefit funding covenant guidance, which it calls the last piece in the jigsaw to help schemes carry out valuations under the new funding code. It runs to over 150 pages, expanding on previous guidance, and including more prescriptive requirements on how to assess covenant under the new scheme funding regime.
A common theme arising in our survey this year is the greater emphasis being placed on pension outcomes. Download the survey to find out more.
For many, the COVID-19 pandemic has been a time of introspection and a catalyst for change. A range of themes have crystallised, emerging as both challenges and opportunities to be addressed — from climate change and biodiversity loss, to cybersecurity, to socioeconomic and racial inequality.
Pension Clicks is Aon’s monthly retirement e-newsletter, rounding up recent pensions news and publications.
The threats that cyber incidents pose to pension schemes have gone from unrecognised to unmissable in just a few years. We highlight the extent of cyber controls and governance that trustees have in place.