Aon says UK pension schemes face new challenges when fully funded

Aon publishes on its website:

“LONDON, (11 June 2019) – Aon, (NYSE:AON) a leading global professional services firm providing a broad range of risk, retirement and health solutions, has said that polling results from its Annual Pension Conferences, held this Spring, show that defined benefit pension schemes are beginning to grapple with the challenge of being fully funded or being on track to be fully funded.

With around 30% of schemes in a fully funded position on a technical provisions basis, and more on track to be so, Aon surveyed over 800 pension scheme managers, trustees and company pensions representatives on some of the key challenges they would face at this stage of their scheme’s lifecycle.”

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