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Aon Consulting boosts DC pension services
Helen Dowsey joins as principal in the Benefits Solutions division
London
NYSE: AOC

LONDON, 02 April 2008 - Leading pensions, benefits and HR consultancy firm, Aon Consulting, is pleased to announce the appointment of Helen Dowsey as principal in the Benefits Solutions division. Helen has been appointed to lead Aon’s trust and contract-based defined contribution (DC) consulting services as the company significantly boosts its DC offering.

 

A senior industry figure with over twenty years’ DC experience, Helen joins from her previous post as Senior Consultant at Watson Wyatt. Helen brings with her a strong track record of delivering innovative consulting services and first class client relationship management.

 

Helen joins at a time when Aon has invested heavily in the design and implementation of DC services to ensure that the company leads the way in terms of innovation and client service.

 

She will be responsible for managing and developing DC consulting services, as well as client relationship management and driving business development, with particular emphasis on targeting the top end of the market.  Helen will also take lead responsibility for developing pan-European pension solutions for international clients and is chairing the DC Global Governance committee.

 

Helen will focus Aon’s DC division on the critical issues facing companies that provide DC pensions, including communications, governance and annuity purchases.

 

Commenting on the appointment, Alistair Connell, Managing Director, said: “DC pensions are an ever more important topic for employers and Helen’s appointment at such a senior level reflects the increasing importance Aon Consulting places on this area.

 

“We have invested heavily in our core DC services of design and implementation, and Helen will now focus on growing issues, such as communication, governance and annuity purchases. Helen will head up Aon’s DC consulting propositions to ensure that Aon Consulting leads the way in providing best in class client service and the most innovative solutions.”

 

Commenting on her appointment, Helen Dowsey said: “I’m delighted to have joined Aon Consulting at an exciting time in the development of its DC services.

 

“I will concentrate on the continuing improvement of Aon’s DC offering to ensure we lead the way in delivering innovative solutions for clients of all sizes. The Pensions Bill and the advent of Personal Accounts show that we are entering a critical phase in DC pensions, and it is an increasingly important issue for businesses of all sizes.”

 

Ends

For more information contact:

Leo Wood

0207 269 7137 

leo.wood@fd.com 

 

About Aon Consulting

Aon Consulting is a leading human capital consultancy, helping organisations of every size to attract and keep the employees they need. We advise on all aspects of employment, including health-related insurance and risk; employee compensation and pensions; human resource strategy planning; job design and change management; and staff assessment and legal issues. Aon Consulting is a division of Aon, one of the UK’s largest insurance brokers and providers of risk management services and a major force in reinsurance and the UK human capital consulting market.  Aon Consulting Limited is authorised and regulated by the Financial Services Authority.

 

About Aon

Aon Corporation (NYSE:AOC) is the leading global provider of risk management services, insurance and reinsurance brokerage, human capital and management consulting. Through its 37,000 colleagues worldwide, Aon readily delivers distinctive client value via innovative and effective risk management and workforce productivity solutions. Our industry-leading global resources, technical expertise and industry knowledge are delivered locally through more than 500 offices in more than 120 countries. Aon was ranked by A.M. Best as the number one global insurance brokerage in 2007 based on brokerage revenues, and voted best insurance intermediary, best reinsurance intermediary, and best employee benefits consulting firm in 2007 by the readers of Business Insurance. For more information on Aon, log onto www.aon.com

 

This press release contains certain statements related to future results, or states our intentions, beliefs and expectations or predictions for the future which are forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from either historical or anticipated results depending on a variety of factors. Potential factors that could impact results include: general economic conditions in different countries in which we do business around the world, changes in global equity and fixed income markets that could affect the return on invested assets, fluctuations in exchange and interest rates that could influence revenue and expense, rating agency actions that could affect our ability to borrow funds, funding of our various pension plans, changes in the competitive environment, our ability to implement restructuring initiatives and other initiatives intended to yield cost savings, our ability to successfully close the sales of our Combined Insurance and Sterling Life Insurance businesses, the impact of current, pending and future regulatory and legislative actions that affect our ability to market and sell, and be reimbursed at current levels for, our Sterling subsidiary's Medicare Advantage health plans, changes in commercial property and casualty markets and commercial premium rates that could impact revenues, changes in revenues and earnings due to the elimination of contingent commissions, other uncertainties surrounding a new compensation model, the impact of investigations brought by U.S. state attorneys general, U.S. state insurance regulators, U.S. federal prosecutors, U.S. federal regulators, and regulatory authorities in the U.K. and other countries, the impact of class actions and individual lawsuits including client class actions, securities class actions, derivative actions, ERISA class actions, the impact of the analysis of practices relating to stock options, the cost of resolution of other contingent liabilities and loss contingencies, and the difference in ultimate paid claims in our underwriting companies from actuarial estimates.  Further information concerning the Company and its business, including factors that potentially could materially affect the Company's financial results, is contained in the Company's filings with the Securities and Exchange Commission.

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