News Tag: Aon
September 29, 2009
Dairy Crest has become the latest company to announce it will close its final salary pension scheme to existing members, having closed the scheme to new employees in 2006.
The group, which is one of the UK's largest milk firms and makes brands such as Country Life and Clover butter, Davidstow cheese and Frijj flavoured milk, said the ...
Dairy Crest latest firm to close final salary pension scheme
by Kay Murchie
April 8, 2009
Aon’s UK division is proposing to cut the contribution it makes to employees’ pensions as part of a cost reduction strategy.
The firm has already closed its final salary scheme and according to a BBC report is now proposing to reduce the level of its employer contributions by up to a half.
Aon has been contributing 12% of employees’ pay into the company’s ...
Aon cuts employer’s pension contribution
by Gill Montia
January 8, 2009
The Financial Service Authority (FSA) has fined the UK arm of the insurance broking group, Aon, £5.25 million for ‘suspicious payments‘.
Aon, the UK subsidiary of Aon Corporation of the US, has made 66 suspicious payments worth $7 million (£4.6 million) to people and firms overseas to help it win or retain business overseas.
The countries were Bahrain, Bangladesh, ...
FSA imposes largest fine ever to Aon for ’suspicious payments’
by Kay Murchie
