Management Consulting
Aon
Full Credential Description
Aon has played a pivotal role in the UK pension scheme risk settlement market, particularly with three major transactions involving RSA, Boots, and telent, which collectively exceeded £15 billion. These schemes faced the challenge of managing complex illiquid and legacy assets, a situation not typically encountered in partial scheme transactions. Aon's tailored solution involved meticulous preparatory work on the schemes' assets to ensure optimal outcomes during the risk settlement process. In the past year alone, Aon facilitated the sale of over £2 billion in illiquid investments for schemes preparing for transactions. This involved collaborating with specialist brokers to navigate the market, designing sell-down programs for direct property, and innovating solutions in partnership with insurers. The focus was on aligning the schemes' assets with insurer pricing models to minimize volatility and enhance the likelihood of successful deal execution. The results of Aon's strategic investment planning were significant. By ensuring that assets were ready well in advance of transactions, Aon not only streamlined the process but also reduced costs and market risks associated with the deals. The firm emphasized the importance of strong engagement with insurers, which proved essential in achieving favorable outcomes in a competitive market. This comprehensive approach to investment planning has positioned Aon as a leader in delivering effective risk settlement solutions for UK pension schemes.