Aon

The Kiwi secretariat provider has named former WTW global head of governance consulting Tim Mitchell as chief executive to replace long-time head Simon Tyler. But it has another vacancy to fill with the looming exit of Paul Bevin, general manager investments.

Aon has put its KiwiSaver and employer master trust schemes on the block, according to industry sources. It is understood Aon has circulated an investment memorandum seeking interest in the group’s two schemes, which collectively manage about $920 million split between the $730 million KiwiSaver and $190 million master trust. The move represents the first…

Aon will pay a US$1 billion break fee to Willis Towers Watson after a proposed marriage between the two global insurance broking and professional services firms fell over last week due to US regulatory problems. In a joint statement (July 27), Aon and Willis Towers Watson (WTW) blamed the end of their 16-month engagement on…

The long-awaited mega-merger between two global financial services giants, Aon and Willis Towers Watson, has hit a major snag as the US Department of Justice moved to block the transaction. In a statement last week (June 16), the Department of Justice (DOJ) says it had “filed a civil antitrust lawsuit today to block Aon’s [US]$30…

Investors should increase allocations to active management strategies against an increasingly uncertain global backdrop, according to a new Willis Towers Watson (WTW) report. It is a “cyclically fertile ground for alpha”. The WTW analysis, ‘Outlook 2021’, says “skilled active management offers growing value for money” as a number of factors converge to add risk to…