Aon Comments on the CMA’s Final Report on the Investment Consultants Market Investigation

LONDON, England, Dec. 12 -- Aon, a provider of risk management, insurance and reinsurance brokerage, human resources solutions and outsourcing services, issued the following news release:

Aon, the leading global professional services firm providing a broad range of risk, retirement and health solutions, has commented on the final report from the Competition and Markets Authority (CMA) on its market investigation of investment consultants.

Tim Giles, head of Investment for UK & Ireland at Aon said:

"We welcome the CMA's final report on the investment consultant market. Throughout the process our focus has been on our clients and on gaining the best results for all pension scheme members.

"We are already at the forefront of many steps being taken to improve transparency across all sections of the market. We firmly believe that these will ultimately improve outcomes for all pension scheme members."

Andy Cox, Global Business Officer and head of EMEA/APAC, Investment, at Aon said:

"We are pleased to see that the CMA has maintained its view from its provisional findings that the investment consulting industry is a competitive market.

"Our clients' best interests have always been at the centre of our thoughts during this process and we believe that in the main the remedies will act to improve the market for both DB and DC schemes. We look forward to working with the CMA, FCA and TPR to ensure that client interest remains at the forefront of the implementation."

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