Investment consultants in joint response to FCA review, quiet on details
Posted today (20 hours ago)
[Reuters] - Investment consultants Mercer , Aon Hewitt and Willis Towers Watson said they had banded together to propose market changes that help them avoid a competition review by Britain's regulator, but released no details. The industry, which advises pension schemes and other investors on where to put their money, was singled out for particularly tough criticism by the Financial Conduct Authority in its interim review into the asset management sector. Among the main concerns raised by the regulator was a potential conflict of interest given some of the larger consultants now run money in their own funds, as well as suggest external managers.
Insurance Labor Study Highlights a Competitive Labor Market
Posted on Feb 21, 2017 (3 days ago)
[Business Wire] - According to the latest iteration of the Semi-Annual U.S. Insurance Labor Market Study conducted by The Jacobson Group and Ward Group, a part of Aon Hewitt, a business unit of Aon plc , 65 percent of companies polled intend to increase staff in 2017.
[$$] Lloyd's confirms Bruce Carnegie-Brown as new chairman
Posted on Feb 20, 2017 (4 days ago)
[at Financial Times] - Lloyd's has confirmed that Bruce Carnegie-Brown will take over as chair of the London-based insurance market from John Nelson in June. Mr Carnegie-Brown, who is chair of Moneysupermarket, has a long history ...
Blog Coverage Aon Sells Benefits Administration and HR Platform to Blackstone; Aims at Inorganic Growth
Posted on Feb 13, 2017 (11 days ago)
[Accesswire] - LONDON, UK / ACCESSWIRE / February 13, 2017 / Active Wall St. blog coverage looks at the headline from Aon PLC (NYSE: AON ) and Blackstone Group L.P. (NYSE: BX ). Blackstone Group announced on February ...