Investment - Articles - Aon to provide FM for Russell and Bromley pension scheme


Aon have been appointed by The Trustees of the Russell & Bromley Limited Pension and Life Assurance Scheme to provide fiduciary management services in the UK.

 Russell & Bromley, the luxury shoes and handbags retailer with 32 stores around the UK and one in the Republic of Ireland, has a £30 million pension fund with around 240 members. Aon was selected following a competitive tender process.

 Andrew Bromley, Chair of Trustees of the Russell & Bromley Limited Pension and Life Assurance scheme, said: "The Aon team showed the best understanding of our needs and objectives. Their approach was the most flexible and adaptable, so we are confident that it can perform well in a wide range of market conditions. In particular, Aon’s use of active diversifiers gives us confidence that they will generate strong returns when markets are rising and provide robust protection when markets are falling.”

 Tony Baily, partner, Aon Investments UK, said: “Aon’s fiduciary management approach can help the Russell & Bromley scheme navigate these times of increased volatility. Financial markets will always be complex and uncertain. However, with Aon’s fiduciary management, the scheme can be sure of having the right strategy to achieve its goals, and sleep easy in the knowledge that we are actively managing its assets to deliver the growth and protection needed.”
  

Back to Index


Similar News to this Story

Inheritance Tax raises almost GBP6 billion in 8 months
December’s update from HMRC shows that Inheritance Tax (IHT) receipts reached £5.7 billion through the first two-thirds of this financial year (April
PIC completes first Mosaic buyin with GCB Pension Fund
Pension Insurance Corporation plc (“PIC”) has concluded its first full scheme buy-in within Mosaic, PIC’s streamlined service for pension schemes with
Airways Pension Scheme complete longevity hedge with MetLife
The Trustees of the Airways Pension Scheme (“the Scheme”), Metropolitan Tower Life Insurance Company, a subsidiary of MetLife, Inc., (“MetLife”) and Z

Site Search

Exact   Any  

Latest Actuarial Jobs

Actuarial Login

Email
Password
 Jobseeker    Client
Reminder Logon

APA Sponsors

Actuarial Jobs & News Feeds

Jobs RSS News RSS

WikiActuary

Be the first to contribute to our definitive actuarial reference forum. Built by actuaries for actuaries.