Aon is lead trustee adviser on £3.8 billion buyout for the Asda Group Pension Scheme with Rothesay Life

18 October 2019

Aon publishes in a press release:

“LONDON, (18 October 2019) – Aon plc (NYSE:AON), a leading global professional services firm providing a broad range of risk, retirement and health solutions, has acted as trustee adviser on the purchase of a £3.8 billion full scheme buyout with Rothesay Life by the Trustee of the Asda Group Pension Scheme.

Through this transaction, the Asda Group Pension Scheme secures the long-term security for the benefits of c.12,300 members. Aon was the lead settlement and actuarial adviser to the Trustee for the transaction, supporting the Trustee in preparing for and structuring the transaction, ensuring members’ benefits were insured in full and acting for the Trustee in all direct engagement and negotiations with the insurance market.”

Continue reading by going to the source: Click Here

Multiple reports with cicle diagram and text

About Exelerating

The Exelerating platform helps you to gain relevant insights into € 6,000+ billion of European institutional assets. We do this by tracking and analysing thousands of public sources of data.

Learn more