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Latest Financial News for AON

Aon and Norton™ LifeLock™ Develop Solution to Help High-Net-Worth Individuals Defend Assets Against Cyber Criminals
Posted on Thursday December 13, 2018

NEW YORK and MOUNTAIN VIEW, Calif., Dec. 13, 2018 /PRNewswire/ -- Aon plc (AON), the leading global professional services firm providing a broad range of risk, retirement and health solutions, and Norton™ LifeLock™, a Symantec brand (SYMC) today announced the development of a comprehensive solution that will help high-net-worth individuals be protected online and safeguard their assets from lurking cyber criminals. "Our proprietary platform utilizes a scalable, dynamic infrastructure to deliver best-in-class solutions to our clients," said J. Hogg, CEO of Cyber Solutions at Aon.

UK watchdog orders shake up of advisers to pension trustees
Posted on Wednesday December 12, 2018

Poor competition in the market for advice to pension fund trustees has resulted in "substantial customer detriment", Britain's competition watchdog said on Wednesday. UK pension schemes have total assets of 1.6 trillion pounds, and the Competition and Markets Authority (CMA) made site visits to the three major advisers: Aon (AON.N), Mercer (MERC.O), and Willis Towers Watson (WLTW.O). Pension scheme are required by law to seek advice before investing, and the CMA found that half of them buy fiduciary management from the investment consultants they already hire.

Aon Poll Shows Eight in Ten SMEs Blind to Risk of a Cyber Attack and Data Loss
Posted on Wednesday December 12, 2018

A new poll of SMEs and micro businesses shows over half are confused by or even unaware of the rules around GDPR, while more than eight out of ten don't see cyber attacks or data loss as a significant risk for their business. The poll comes on the back of a survey earlier this year from the National Cyber Security Programme that revealed nearly half of UK businesses experienced at least one cyber security breach or attack in 2017.

[$$] Investment consultants: pension tension
Posted on Tuesday December 11, 2018

Investment consultants, gatekeepers to the UK’s pension fund industry, are a case in point. Charges and performance comparisons are often opaque. Nearly a third of trustees think these consultants steer clients towards delegating investment decisions to their fiduciary management services.

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