Investment - Articles - Dow Chemicals move European DC pension scheme to Aon

 Aon's EMEA DC solution represents an innovative blend of cross-border and local master trusts, delivering compliant DC retirement benefits to employees in different countries. The investment solution and member communications are consistent across jurisdictions and drive better DC member outcomes, enhance financial wellness and improve corporate governance across different countries. 

 Paul Bonser, senior partner at Aon, said: “It’s great news that we can welcome Dow Chemical into our EMEA DC solution in Netherlands and the UK, with more countries to follow. DC benefits are becoming ever more important as assets grow and become the main way for companies to deliver retirement benefits. Multinational companies have identified the need to provide their employees with good quality DC retirement benefits across multiple countries and in a manageable way. The challenge until now has been how to achieve this efficiently.

 "Aon's EMEA DC solution provides a practical and cost-effective way for multinational companies to deliver on these challenges. It particularly applies to the increasing number of multinational companies who are seeing the value of outsourcing the delivery of DC and the associated risks to a professional provider."