Pension Clicks
August 2022
In this edition of Pension Clicks, we round up the latest pensions news in In Sight, look at the new consultation on defined benefit scheme funding and release findings from our new Risk Settlement Survey : Better Endgame Decisions.
On The Horizon
 
To help with planning, our On the Horizon summary provides a reminder of some of the key legislative and regulatory developments expected over the coming year.
 
In Sight - August
 
Our quarterly summary of pensions issues covers the latest on pensions dashboards, as well as updates arising from the Pension Schemes Act 2021 and a round-up of other news.
 
Scheme funding – the next step
 
The DWP has now released its long awaited consultation on draft regulations covering defined benefit scheme funding.  The legislation will require schemes to set a strategy to become fully funded on a low dependency basis, with a low dependency investment strategy, by the time they are ‘significantly mature’.
 
Risk Settlement Survey 2022
 
The findings of our 2022 Risk Settlement Survey suggest that there remains a knowledge gap for many pension scheme stakeholders on the options available to help them reach their endgame target. 
 
Endgame Investing Roundtable
 
 
What investment issues do pension schemes face when working towards their chosen endgame – and what steps can they take to address them? Aon’s Lucy Barron, Colin Cartwright and Charlotte Quarmby discuss this with professional trustees in a roundtable hosted by Mark Dunne, portfolio institutional.
 
The 2022 Aon Pension Conference: Managing Risk and Supporting Members 
 
Content is now available on demand. To access the footage register here. Or, if you’re already registered go directly to the attended hub.

“Excellent conference with a wide range of stimulating sessions.” 
Chair of Pension Trustees
 
A Just Transition – What Role Can Investors Play?  
 
The transition to a more sustainable, carbon-free economy will create winners and losers – but does it have to? Is it possible to deliver a transition to a net zero world that leaves no one behind? Aon’s Responsible Investment experts explore actions investors can take to drive a Just Transition. 
 
Retirement Podcast
 
In our latest podcast, Ricky Marsh summarises the key pensions news from the last month. This month Ricky is joined by Joanna Sharples to discuss default investment strategies for DC members, with a particular focus on the approach taken to this in Aon’s DC MasterTrust. 
 
Week In Markets
 
A summary of market movements over the past week.
Aon In The Press
Aon says UK risk settlement market is buzzing but faces fresh challenges, LGPS needs to demonstrate its own value to members, UK pension schemes need to be ready to manage bond market volatility and cost-of-living issues demand flexibility from UK employers for pension scheme members. 
Events
Pensions Training 2022
We are running a full schedule of DB, DC and pensions governance training in 2022. You can find a copy of our training brochure here and book here.
Also On Our Website
Check our upcoming events and webinar replays.
During this recording, Aon risk settlement experts share the key findings of our 2022 Risk Settlement Survey and the steps that you can take to ensure that you reach your settlement target as efficiently as possible.
In the last in a series of three videos, Aon risk settlement experts are joined by three professional trustees to discuss their experiences of preparing for and executing risk settlement transactions across schemes of all sizes.

Video three focuses on key workstreams that need to be considered when journey planning.
Well-funded pension schemes are expected to naturally generate surplus, which can lead to a new stream of cashflows and profits for those sponsors prepared to access them. During this recording we explore alternatives to the traditional pension scheme endgames of buyout and low-dependency run-off. The discussion focused on a number of potential value-release mechanisms that are now available to sponsors, how they can be achieved in practice, and the potential win-win for sponsors and members.
Aon's new Risk Settlement Hub delivers new content  on the different steps to achieve your journey to settlement.
Ben Roe, Clare Freeman and Joe Betts discuss the results of Aon's 2022 DC Scheme and Financial Wellbeing Survey.
Our latest Global Pension Risk Survey demonstrates how schemes are evolving their risk management policies to cover a wider range of risks as they continue their journey. This webinar talked through the survey findings.
During this 30-minute webinar, Joe Moore summarised the key pensions news from a corporate perspective over this last quarter, Rupert Kotowski shared the key takeaways from our recent Global Pension Risk Survey, and Louise Gibbs discussed insights from our Accounting Strategy team.
Our Risk Analyzer tool is now used by over 900 schemes, with £1 trillion assets around the world, to monitor various financial and risk measures. This video gives you an example of how Risk Analyzer could help you.
Check out these additional resources