LONDON, 18 February 2025 – Aon plc (NYSE: AON), a leading global professional services firm, , has has been retained as adviser to the Clwyd Pension Fund.
The £2.5 billion pension fund has over 50,000 active, deferred and pensioner scheme members. As part of the Local Government Pension Scheme (LGPS), the Clwyd Fund provides, manages and administers pension benefits for employees of local authority and other related employers in the Clwyd region of Wales.
Aon will provide independent governance consultancy services to the fund that cover administration, communications, scheme governance, investment and funding matters. The Aon team’s advice will also cover areas such as cyber security and other specialist services.
Karen Williams, pensions administration manager at Clwyd Pension Fund, said:
“The Aon team has worked closely with the Clwyd Fund for the past 10 years, evolving and embedding a strong governance structure for the fund, as well as helping us to develop services for our stakeholders. The broad range of expertise they bring us is key to fulfilling our aims of providing the best we can offer to our scheme members and employers. I am confident that we will be strongly supported by the Aon team through what is likely to be a challenging few years.”
Karen McWilliam, partner in the UK Public Sector team at Aon, said:
“In addition to the day-to-day tasks of running a complex pension scheme, HM Treasury’s pensions review will bring fresh issues for LGPS funds to manage. We are therefore especially pleased that Clwyd has chosen to reappoint us to help them with this challenge, and we look forward to continuing our relationship with the fund.
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