Aon Pensions Podcast

Once you start getting towards the business end of a transaction, you are not immune from behavioural biases. How do you assess pricing and make the decision of whether to proceed? How do you assess different providers?

In this podcast Behave London’s Hannah Lewis shares insights on how to look beyond the pain of paying and being attracted to familiar brands, and Aon’s Head of Risk Settlement Martin Bird shares experiences from the perspective of pension schemes.

People suffer from regret aversion, in that they do not want to make a decision which may prove to be a mistake — and one they regret. Trustees and sponsoring employers may have reservations about taking action to reduce risk in case the risk never materialises. In this podcast Behave London’s Hannah Lewis shares insights on how to look at this bias in a different light, and Aon Partner John Baines gives insights on where pension schemes can encounter risk aversion, and measures on how to mitigate it.

People have a strong tendency to want to stick with the status quo, the current way of doing things. Anything which involves change or disruption is uncomfortable for our brains.

In this podcast Behave London’s Hannah Lewis shares insights on how to break this mental deadlock and avoid getting trapped in the status quo. Aon Partner Mike Edwards shares insights from a de-risking context, and how schemes can challenge the status quo and successfully remove longevity risk.

Aon commissioned research with behvioural science experts

Behave London, which looked into perceptions on pension scheme de-risking.

This research identified that many trustees and sponsors had a lack of clarity on de-risking and the processes required, and also greatly evident were behavioural biases which acted as barriers to being better informed and able to make better decisions.

In this Podcast Aon's Karen Gainsford speaks to Behave London's Hannah Lewis who shares the key findings from this research

In this edition, Jim Tindale discusses the findings of Aon’s Global Governance Study which was carried out in association with the Amercian Benefits Council.

October 2019 – Focusing on Responsible Investment

In this podcast, you will hear the key pension news from the last month summarised by Aon’s Victoria Panormo. This month Victoria is joined by Aon’s Tim Manuel who discusses the latest developments within Responsible Investing and what this means for pension schemes

Aon’s industry-leading Global Pension Risk Survey 2019 explores the asset, liability and other risks that DB pension schemes face and the actions they have taken in response. This podcast covers the high level findings from the first chapter of the Survey on long-term targets.

Retirement update September

Building the right support for your pension scheme

In this podcast Aon experts Susan Hoare and Sarah Butlin discuss the steps trustees can make in identifying incremental changes that could improve the effectiveness of a trustee board. Once a trustee board is running well and making lots of effective decisions, the speed at which the trustees can operate is dependent on the level and quality of resources they have around them to implement their decisions.

August 2019 - Featuring a discussion on long term funding targets

In this podcast you will hear the key pension news from the last month summarised by Aon’s Victoria Panormo. This month’s focus for the interview is on long term funding targets, for which Victoria is joined by Aon's Lynda Whitney. During this discussion Lynda explains some of the key issues and considers how in practice schemes are implementing this guidance from the Pensions Regulator.