LONDON, 6 January 2014 – Aon Hewitt, the global talent, retirement and health solutions business of Aon plc (NYSE:AON), has announced that the Hozelock Limited Pension and Assurance Scheme has appointed it to provide actuarial, investment and pensions management services.
Hozelock manufactures a comprehensive range of gardening products that cover garden watering, garden pressure sprayers and pond equipment. Its pension scheme has assets of approximately £50 million and around 750 members.
Trevor Austin, chairman of the trustees of the Hozelock scheme, said:
“Aon Hewitt offered us actuarial and investment advice and also the opportunity to gain access to the most up to date thinking. That is not always available to smaller schemes but Aon Hewitt’s clients vary between the very largest schemes and those – such as ourselves – of more modest size. We are looking forward to being able to share the benefits of their market-leading thinking and advice.”
Russell Agius, partner at Aon Hewitt, said:
“It’s commonly thought that leading edge thinking tends to emerge from the activities of the largest pension schemes, but it’s clear that medium sized schemes need the best – and most appropriate – advice for them too. Our know-how spans schemes of all sizes while our integrated services can offer a more streamlined approach and clearer governance.”
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About Aon Hewitt
Aon Hewitt empowers organisations and individuals to secure a better future through innovative talent, retirement and health solutions. We advise, design and execute a wide range of solutions that enable clients to cultivate talent to drive organisational and personal performance and growth, navigate risk while providing new levels of financial security, and redefine health solutions for greater choice, affordability and wellness. Aon Hewitt is the global leader in human resource solutions, with over 30,000 professionals in 90 countries serving more than 20,000 clients worldwide. For more information on Aon Hewitt, please visit www.aonhewitt.com.
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About Aon
Aon plc (NYSE:AON) is the leading global provider of risk management, insurance and reinsurance brokerage, and human resources solutions and outsourcing services. Through its more than 65,000 colleagues worldwide, Aon unites to empower results for clients in over 120 countries via innovative and effective risk and people solutions and through industry-leading global resources and technical expertise. Aon has been named repeatedly as the world's best broker, best insurance intermediary, reinsurance intermediary, captives manager and best employee benefits consulting firm by multiple industry sources. Visit www.aon.com for more information on Aon and www.aon.com/manchesterunited to learn about Aon's global partnership and shirt sponsorship with Manchester United.
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