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Aon Hewitt appointed by Medical Defence Union for pension services

LONDON, 25 February 2014 – Aon Hewitt, the global talent, retirement and health solutions business of Aon plc (NYSE:AON), has announced that it has been appointed by the trustees of the Medical Defence Union (MDU) Pension & Life Assurance Scheme to provide a wide range of integrated pension services.

MDU was established in 1885 as the first medical defence organisation. It guides, supports and defends its members by providing indemnity insurance to doctors for incidents arising from their clinical care for patients.  Its pension scheme has around 750 members. Aon Hewitt already provided investment advice to the scheme but this has now been extended to actuarial and scheme secretarial services, pensions administration, risk benefits and corporate pensions advice, including guidance in relation to accounting disclosures.

Russell Agius, partner at Aon Hewitt said:
“MDU offers an example of where Aon Hewitt is being asked to offer multiple, integrated services to medium-sized pension schemes.  They now operate in a complex regulatory environment and, in an increasing number of cases, with both DB and DC schemes.  Bringing different services together for schemes is clearly gaining in popularity.”

 

Media Contact: 
Colin Mayes                                    Marina Jane Sanchez
Aon Hewitt                                       Capital MSL
01372 733689                                   020 3219 8811
colin.mayes@aonhewitt.com             marina.jane-sanchez@capitalmsl.com
 

Notes to editors

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 66,000 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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