AON launches pensions division
Article Abstract:
The UK's largest employee benefits and human resources consultants AON Consulting, has announced that it has established a new pensions and investment division. The new business comes following a review of the management structure at the benefits division. It is hoped that the new division will make the most of the close synergy between the three main areas of the business as it unites Aon's actuarial and benefits consulting, investment consulting practices and pensions administration. Maurice Dyson, the former regional director at AON will lead the new business. He will be replaced in his former position by Steve Carlisle from the Midlands region. The new company's head of investment practice will be Gordon Clark who comes from Aon's office in Harrow. A pensions consulting and administration capability is due to be set up at the company's Croydon branch in order to improve the company's performance in this area.
Comment:
Announces that it has established a new pensions and investment division
Publication Name: Financial Adviser
Subject: Business, international
ISSN: 0953-5276
Year: 1998
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Ombudsman overwhelmed by surge in Pep complaints
Article Abstract:
In the year between the end of March 1997 and the end of March 1998, complaints to the Ombudsman as regards personal equity plans (Peps) rose by one fifth to a total of 299. The major complaint was bad handling as Peps are fairly complicated to administer. In half the cases the Ombudsman favoured the complainant and ordered amounts of compensation between GB 100 and GB 15,000 to be paid out.
Comment:
UK: Complaints to Ombudsman on personal equity plans rose by one fifth to a total of 299 between end of 3/97 & end of 3/98
Publication Name: Financial Adviser
Subject: Business, international
ISSN: 0953-5276
Year: 1998
User Contributions:
Comment about this article or add new information about this topic:
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