LONDON, 13 July 2015 – Aon Hewitt, the global talent, retirement and health solutions business of Aon plc (NYSE:AON), has been appointed as the actuarial adviser to the Trustees of the Asda Group Pension Scheme.
Asda, which is part of Walmart, the US-based world’s largest retailer, has a defined benefit scheme with 13,500 members. The trustees of the scheme have appointed Aon Hewitt to be the scheme actuary. Aon also provides advice on private medical insurance and group life cover to Asda.
Philip Dennis, partner at Aon Hewitt, said:
“It is very gratifying to be asked by the trustees of the Asda scheme to become their scheme actuary. Aon has had a global relationship with Asda’s parent company, Walmart, for some time, but this independent appointment is especially pleasing.
“We are looking forward to getting to know all aspects of the scheme and bringing our market-leading thinking and advice to the trustees, in order to assist them in meeting their goals for the scheme.”
ENDS
Notes to Editors
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