Tag: Aon

Newsmakers November 30, 2022

PSERS Exploring Legal Action Stemming from Reporting Error

The 2020 fund reporting error’s revision triggered the state’s shared-risk provision, which required school districts, as plan providers, and plan participants to pay more into the system.

Pensions November 14, 2022

U.S. Pension Funding Ratios Continue to Increase

Better equity performance and higher interest rates in October contribute to pensions nearing full funding.

October 27, 2022

Investment Consultants Reevaluate Priorities as Several Long-Tenured, Top Names Change Firms

COVID, growing shift to OCIO and other factors fueled ’Great Resignation.’

Pensions October 13, 2022

Funding Status of Pensions Increases Marginally Despite Equity Market Downturn

Concluding the September pension watch, two consultants monitored that funding ratios in U.S. plans had eclipsed over 100% funded.

Asset Allocation August 12, 2022

Higher Stocks Benefit US Corporate Plans in July

Despite lower discount rates, aggregate funding level for plans of S&P 1500 companies rose to 102%.

Pensions August 3, 2022

Justice Department Ends Investigation of Pennsylvania PSERS

A 2020 accounting error had prompted the investigation that lasted for more than a year.

Newsmakers May 16, 2022

PSERS Considers Suing Aon for Miscalculating Returns

The pension fund has hired law firm Blank Rome to look into potential litigation.

Newsmakers May 11, 2022

Despite April’s Poor Equity Returns, Rising Discount Rates Improved Funded Status for Most Pensions

Last month had one of the highest single-month discount rate increases for many data collectors.

Newsmakers March 17, 2022

U.S. Corporate Pension Funds Remain Steady in February

However, funded levels are likely to be lower in March as Russia’s invasion of Ukraine roils markets.

Regulation June 22, 2021

DOJ Lawsuit Could Hurt Aon-Willis Towers Watson’s Chances in Europe

Legal action could influence whether the European Commission approves the $30 billion acquisition.

Corporate Moves June 4, 2021

Aon to Sell US Retirement and Retiree Health Businesses in $1.4 Billion Deal

The firm is seeking regulatory approval from the US DOJ for its heavyweight merger with Willis Towers Watson by divesting parts of its business.

Asset Allocation May 12, 2021

CIOs See Fixed Income Targets in High Yield, Emerging Markets, Private Credit

Panel of investment managers expects high short-term inflation, but says it’s not a concern.

Asset Allocation January 8, 2021

Funded Ratio for Canadian Pension Plans Improves in 2020

After plummeting during the first quarter, the funding level of Canadian defined benefit plans rebounded to end the year at 91.2%.

Research July 7, 2020

US, Canadian Pension Funds Rebound with Markets in Q2

Resurgent equities erase nearly 40% of US corporate pension funded status loss during first quarter.

Corporate Moves March 9, 2020

Aon Buys Willis Towers Watson in $30 Billion All-Stock Deal

The transaction will form the biggest insurance broker in the world.