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Global Marine Systems scheme opts for delegated approach with Aon Hewitt
NYSE:AON

LONDON, 15 May 2013 – Aon Hewitt, the global talent, retirement and health solutions business of Aon plc (NYSE:AON), has announced that it has been appointed to provide delegated investment consulting services to the Global Marine Systems pension scheme.

Global Marine Systems installs under sea cables for the telecommunications industry. Its pension scheme has 450 members and assets of £90 million.  Aon Hewitt will provide it with delegated investment consulting services, as well as advice on flight planning and general pensions consultancy.

Roy Webber, chairman of Global Marine Systems Trustees Limited, said:
"Our scheme was in need of a more dynamic approach and the Aon Hewitt team demonstrated that it could provide this, with a review of our strategy leading to a flight plan and more active asset allocation. Their delegated services offer us both the option to plan ahead with our scheme more effectively and to make the most of market opportunities."

Sion Cole, partner at Aon Hewitt, said:
"Our stable of delegated consulting clients continues to grow at a rapid rate, both in number and in the different sizes of schemes and the approaches they need from us.

"With the Global Marine Systems scheme we were able to offer fiduciary services that can be tailored to its specific needs, not just a standard, off-the-shelf approach.  We look forward to working with them."

 

Media Contact:

Colin Mayes                                          Giles Abbott
 Aon Hewitt                                           Capital MSL
 01372 733689                                       020 7307 5340
 colin.mayes@aonhewitt.com                  giles.abbott@capitalmsl.com

 

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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