London, 11 July, 2013 – Aon Hewitt, the global talent, retirement and health solutions business of Aon plc (NYSE: AON), has today published Understanding a Fiduciary Provider's Offering, the latest trustee guidance paper on fiduciary management from Aon Hewitt’s Delegated Consulting Services team.
The paper is part of a series that Aon Hewitt is publishing over the next three months to help arm pension scheme trustees with the knowledge they need when selecting a fiduciary manager.
Understanding a Fiduciary Provider's Offering identifies and explains the five key areas which differ between providers.  These include:
• Fiduciary business and conflicts of interest
• The fiduciary solution
• Trustee involvement, client service and reporting
• Fees and performance measurement
• Operations, risk and transition

Sion Cole, partner and head of Client Solutions in Aon Hewitt's Delegated Consulting team, said
“Fiduciary management is arguably the fastest growing area of the UK pensions industry and it is imperative that trustees are well informed when appointing a provider. Our aim with this series of educational papers is to equip trustees with all the information they need to make the right decision for their schemes, when and if the time comes to do so.”
The paper details 20 priority questions for trustees to ask providers about their fiduciary business and areas such as potential conflicts of interest.  Subsequent papers will provide guidance which addresses the remaining four core areas of difference between providers.

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

Notes to Editors
Copies of Understanding a Fiduciary Provider's Offering are available here

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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 retirement 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.

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 61,000 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.