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Hozelock pension scheme appoints Aon Hewitt

06 January 2014

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The Hozelock Limited Pension and Assurance Scheme has hired Aon Hewitt to provide actuarial, investment and pensions management services.

Hozelock, which manufactures a range of gardening products, has a pension scheme with assets of approximately £50m and around 750 members.

The scheme's chairman of the trustees, Trevor Austin, said: "Aon Hewitt offered us actuarial and investment advice and also the opportunity to gain access to the most up to date thinking.

"That is not always available to smaller schemes but Aon Hewitt's clients vary between the very largest schemes and those – such as ourselves – of more modest size."

Aon Hewitt partner Russell Agius said: "It's commonly thought that leading edge thinking tends to emerge from the activities of the largest pension schemes, but it's clear that medium sized schemes need the best – and most appropriate – advice for them too."

First published 06.01.2013