We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type |
---|---|---|---|
Aon PLC | NYSE:AON | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 280.09 | 0 | 11:11:10 |
|
Quotes:“Aon has been measuring median solvency for the better part of two decades now, and we have never seen quarterly levels this high,” said William da Silva, Senior Partner and Retirement Practice Director at Aon. “That’s really good news, but it also presents a great opportunity for pension plan sponsors to ask themselves some tough questions about risk. For instance: Is their asset strategy optimized based on new funding rules in several jurisdictions? Can risk be further managed by making strategic contributions? And with funded status in such a healthy place, have sponsors taken a new look at plan settlement to further their strategies? In short, the last quarter of this year can and should be the time to truly understand how the risk of their programs have changed and how their strategy may need to change as well.”
“Going into the fourth quarter, the skies seem to have cleared somewhat thanks to the revised NAFTA and the easing of U.S.-Canada trade tensions, which had been suppressing domestic equities and complicating the monetary policy outlook,” noted Calum Mackenzie, Practice Director, Canada Investment Consulting. “However, a host of other risks – from a slowing China to tighter financial conditions – remain in play, so the calm might not last for long. With strong funded statuses, most plan sponsors have little to gain from further improvement, but stand to lose a lot if markets correct. For plans that are not de-risked, funded statuses can be very volatile and plans could easily revert to deficit positions. Plan sponsors are engaged in a pension plan game show of sorts; they can either walk away with their winnings, or play another round and risk it all. In this environment, we believe that walking away is the safer bet.”
Key Facts:
About Aon’s median solvency ratio surveyAon’s median solvency ratio measures the financial health of a defined benefit plan by comparing total assets to total pension liabilities in the event of plan termination. It is the most accurate and timely representation of the financial condition of Canadian DB plans because it draws on a large database and reflects each plan’s specific features, investment policy, contributions and solvency relief steps taken by the plan sponsor. The analysis of the plans in the database takes into account the index performance of various asset classes, as well as the applicable interest rates to value liabilities on a solvency basis.
About AonAon plc (NYSE:AON) is a leading global professional services firm providing a broad range of risk, retirement and health solutions. Our 50,000 colleagues in 120 countries empower results for clients by using proprietary data and analytics to deliver insights that reduce volatility and improve performance.
Media contactsFor further information please contact Alexandre Daudelin (+1.514.982.4910)
1 Year Aon Chart |
1 Month Aon Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions