OREANDA-NEWS. July 21, 2015. Aon Hewitt, the global talent, retirement and health solutions business of Aon plc (NYSE:AON), has been appointed to provide delegated investment services to the Lockheed Martin UK Pension Plan.

Aon Hewitt will provide full fiduciary management services to the defence industry company’s ?230 million defined benefit pension plan.

Chris Warren, chair of the trustees of the Lockheed Martin Pension Plan, said:
“After speaking with a number of fiduciary providers we felt that Aon Hewitt offered us a complete solution that directly addressed our needs while also improving the governance of the scheme. Getting better control and management of the scheme’s key risks through greater diversification and use of liability driven investment, was one of the main reasons we chose Aon Hewitt. The strong relationship we have built up during this process has given us real confidence in their ability to deliver the service we need.”

 Tim Currell, partner at Aon Hewitt said:
“We have worked closely with The Lockheed Martin UK Pension Plan for the past 18 months and have built an incredibly strong relationship. We are very excited about this fiduciary appointment and to have the opportunity to design a solution that directly meets their needs.”  

Sion Cole, partner & head of Client Solutions in Aon Hewitt’s fiduciary business, Delegated Consulting   Services, said:
“The UK fiduciary market continues to grow strongly and this latest win reaffirms our position as one of the leading providers of fiduciary management services. We believe our ability to listen to pension schemes and to offer them truly tailored fiduciary solutions that meet their unique needs is what sets us apart. Indeed, this approach is one of the main reasons cited by our clients for appointing us as their provider.”