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08 March
2010 Aon Survey
Focuses On Emerging Trends Aon Consulting
has issued its survey of top global financial
services organisations that provide pension risk
management products and solutions to plan sponsors
in the UK, US and Canada. Results show that
58% rate interest rates as the biggest issue facing
Defined Benefit (DB) pension plan sponsors between
now and 2013, followed by longevity risk (21%),
equity markets (15%) and inflation (6%). The survey
reveals that UK DB plan sponsors appear to be
further along in implementing innovative solutions
to key issues than their counterparts in the U.S.
and Canada. Moreover, outside of interest rates,
respondents note longevity and equity market risks
as the two most difficult risks to mitigate and
remove. "Historically,
the risk management products and solutions
available to plan sponsors in the UK have been more
advanced than those in the U.S. and Canadian
markets." says Brendan George, senior vice
president and global survey lead. "However, recent
advancements in the U.S. and Canadian
Insurance
and fund management industries give plan sponsors
sufficient choice today." Insurance
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