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University of Leicester pension scheme hires Aon Hewitt

04 April 2013

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The University of Leicester Pension and Assurance Scheme has appointed Aon Hewitt to provide actuarial advice and pension administration.

The scheme has assets of around £110m and has approximately 2,200 members.

Professor John Holloway, chairman of the trustees of the University of Leicester Pension and Assurance Scheme, said: "We are delighted to be working with Aon Hewitt. They have impressed the trustees with their depth of experience and the robustness of their systems.

"Defined benefits are challenging to manage and it is vital that trustees like me receive the best information and advice, and that members get the best service."

The University of Leicester was founded in 1927 and had over 22,500 students.

Michael Clare, Aon Hewitt UK director, said: "Aon Hewitt is building a portfolio of clients within the higher education sector and it is great news that we are now able to extend our expertise to the University of Leicester's pension scheme.

"We are working with them on a full range of services, from actuarial advice to administration, and I am sure the scheme will see the benefit of this – not just financially but also in governance and in increased efficiencies."

First published 04.04.2013