Management Consulting

Schneider Electric faced significant challenges in managing the investment options and governance of its pension plan, valued at nearly £400 million. The Trustees of the Schneider Pension Plan recognized that the evolving economic environment and complex investment landscape were increasing their governance burden. After a thorough review, they determined that fiduciary management would better serve their investment selection and oversight needs. Aon was appointed as the sole fiduciary manager for the plan's total investment portfolio following a competitive tender process. The tailored solution provided by Aon was designed specifically to align with the Trustees' long-term return objectives and the company's funding strategy. This partnership allows Schneider Electric to access a broader range of investment options and enhances their ability to respond swiftly to market changes. As a result of this collaboration, the Trustees expect to achieve greater diversification and investment sophistication, which will enable them to strategically refocus their governance expenditures. Aon’s involvement is anticipated to lead to a material reduction in risk and a significant decrease in funding volatility for the Schneider Pension Plan, ultimately supporting the scheme in meeting its investment objectives more effectively.