Aon
Aon’s Pension Clicks has been designed with your business needs in mind. We aim to provide you with data, analytics and insights to inform and shape your scheme decisions for the better.
Featured in this October 2025 issue:
  • The 2025/26 UK Global Pension Risk Survey - Results Now Available 
  • On the Horizon: Key Legislative and Regulatory Developments
  • Paper: Improving Retirement Outcomes – the Drake Commission
  • Article: Harnessing surplus for lasting member outcomes
  • Video: Investment Focus: Unlocking Investment Flexibility
  • Podcast: Effectively Managing your Pension Scheme Risks
  • Insights and Key Findings: Bulk Purchase Annuity Insurer Roundtable on Life Insurance Stress Test Exercise
The 2025/26 UK Global Pension Risk Survey

Results Now Available
We are excited to share the results of our 2025/26 UK Global Pension Risk Survey, which covers both defined benefit (DB) and defined contribution (DC) schemes.

The 2025/26 Global Pension Risk Survey will help decision makers like yourself benchmark your scheme’s risk priorities against peers and make informed decisions across long-term targets, member support and benefit options, investment strategy, ESG, cyber, GMP equalisation, and governance.
Find Out More

On the Horizon | Key Legislative and Regulatory Developments
To help with planning, our On the Horizon summary provides a reminder of some of the legislative and regulatory developments expected over the coming year and a few key dates beyond that.
Find Out More

Paper | Improving Retirement Outcomes – the Drake Commission
In a new paper, Matthew Arends, head of UK Retirement Policy at Aon, has outlined six key challenges faced by the new Pensions Commission.
Read the Paper

Harnessing surplus for lasting member outcomes  
With many companies exploring how to unlock surplus from their defined benefit (DB) pension schemes, one approach is to use the surplus to fund defined contribution (DC) benefits from a company’s own trust. The challenge is to do it in a way that optimises the employee experience and minimises additional governance for the DB trustee board. Aon created its Blended DC Solution to address this. Jane Keilty, Chief Executive Officer for Aon UK outlines the benefits for companies and trustees.
Learn More Here

Investment Focus: Unlocking Investment Flexibility
Is outsourcing implementation the new edge for investors? Doug Steevens, Portfolio Manager in Aon’s delegated investment team, discusses why the flexibility of an Outsourced Chief Investment Officer (OCIO) rather than all-or-nothing delegation, is driving its adoption. Discover how this approach frees up internal teams to focus on strategy and access complex investments.
Watch the Video

Retirement and Investment Update Podcast:

Effectively Managing your Pension Scheme Risks
In this podcast, Aon’s John Harney and Jennifer Michel are joined by colleagues Vanessa Jaeger and Michelle Burgess to explore what effective risk management for pension schemes looks like under the General Code, including operational risks, such as cyber.

You will also hear the key pension news from the last month summarised by John Harney and Jennifer Michel.

Check out Aon’s Pensions Governance Support homepage

Read our In-Depth article about the General Code of Practice – Own Risk Assessment

Read our article to identify how cyber resilient your pension scheme is.
Listen to the Podcast

Bulk Purchase Annuity Insurer Roundtable on Life Insurance Stress Test Exercise
The Prudential Regulatory Authority’s 2025 Life Insurance Stress Test exercise is fast approaching, offering insight into how bulk annuity insurers would respond to stress events. In this newsletter, we share Aon’s findings from a roundtable event with insurers to understand their views on the life insurance stress test exercise and consider how you should start preparing for the results in November.
Find Out More

Upcoming Events
Aon’s Wealth Insights Conference – Agenda Now Available 
Better Decisions for the Future of Investment

5-6 November, London

The agenda for Aon’s upcoming investment conference is now available. Join us for a wide range of insights including AI, investment innovation, the macroeconomic outlook, policy reform and sustainable growth strategies for pension schemes. Check out our showreel to see what you can expect from the event. 

Learn more and register here.

In the Press 
Aon says that one year on, the Funding Code presents challenges for UK pension schemes

Aon head of UK retirement policy gains new CDC qualification - Corporate Adviser

Overcoming Pensions Commission challenges 'not an easy path to tread'
Read More

Pensions Training
Our brochure can be found here.
To register for our courses click for 2025 or 2026.
All London courses will be held at The Aon Centre.
Virtual webinars are also scheduled.

Please contact us to discuss your training needs: pensionstraining.enquiries@aon.com

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