
Newsmakers
PSERS Considers Suing Aon for Miscalculating Returns
The pension fund has hired law firm Blank Rome to look into potential litigation.
However, funded levels are likely to be lower in March as Russia’s invasion of Ukraine roils markets.
Legal action could influence whether the European Commission approves the $30 billion acquisition.
The transaction will form the biggest insurance broker in the world.
Level rises to 85.8% for corporate plan funding, Aon says.
Falling bond yields prove too much for robust asset gains.
After a whirlwind day of news, Aon confirms it will not pursue the buyout after all.