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Royal Borough of Kingston upon Thames Pension Fund appoints Aon Hewitt for investment advice
NYSE:AON

LONDON, 30 January 2013 – Aon Hewitt, the global human resources solutions business of Aon plc (NYSE:AON), has announced that it has been appointed to provide investment consulting services to the Royal Borough of Kingston upon Thames Pension Fund.

The south west London-based local government scheme is around £430m in size with over 11,000 members. Aon Hewitt was appointed through the Croydon Framework agreement which looks to deliver greater savings and efficiency in the public sector through sharing services and undertaking joint procurement exercises wherever possible. In the initial part of the contract, Aon Hewitt will be carrying out a review of the fund's investment strategy as well as providing tailored training for the Panel members.

Jeremy Randall, Head of Finance – Strategy and Accounting at the Royal Borough of Kingston upon Thames Pension Fund, said:
"We look forward to working with Aon Hewitt as part of the Croydon Framework. The framework is offering local authorities both greater efficiency and the opportunity to maintain control of costs for their pension schemes."

Emily McGuire, principal consultant and head of the Public Sector Investment team at Aon Hewitt, said:
"We have been growing our public sector client base over the last few years and are delighted that the Royal Borough of Kingston has become the latest to appoint us. Our first task will be to help the Panel to determine their long-term investment strategy and we look forward to playing a leading role in the Fund's future success".

 

Media Contact:
Colin Mayes                                              Adam Leviton
Aon Hewitt                                                  Capital MSL
01372 733689                                           020 7307 5339
colin.mayes@aonhewitt.com                 adam.leviton@capitalmsl.com


Notes to Editors
The Aon Hewitt Public Sector Investment team

The Aon Hewitt Public Sector Investment team comprises a diverse blend of individuals, benefiting from a range of skills and experience including former local government practitioners and fund managers, qualified actuaries and research specialists. The team ensures consistency and efficiency across all our public sector clients. Each of our clients has access to our specialist capabilities in developing and monitoring investment strategies, providing medium term asset allocation advice, asset liability modelling, advising on all asset classes, and researching and appointing fund managers and custodians.

About Aon Hewitt
Aon Hewitt is the global leader in human resource solutions.  The company partners with organisations to solve their most complex benefits, talent and related financial challenges, and improve business performance.  Aon Hewitt designs, implements, communicates and administers a wide range of human capital, retirement, investment management, health care, compensation and talent management strategies.  With more than 29,000 professionals in 90 countries, Aon Hewitt makes the world a better place to work for clients and their employees.  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 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.

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