Pensions - Articles - Aon Hewitt: Actuarial adviser to Asda Group Pension Scheme

 Asda, which is part of Walmart, the US-based world’s largest retailer, has a defined benefit scheme with 13,500 members. The trustees of the scheme have appointed Aon Hewitt to be the scheme actuary. Aon also provides advice on private medical insurance and group life cover to Asda.

 Philip Dennis, partner at Aon Hewitt, said:
 “It is very gratifying to be asked by the trustees of the Asda scheme to become their scheme actuary. Aon has had a global relationship with Asda’s parent company, Walmart, for some time, but this independent appointment is especially pleasing.

 “We are looking forward to getting to know all aspects of the scheme and bringing our market-leading thinking and advice to the trustees, in order to assist them in meeting their goals for the scheme.”