ITN Pension Scheme reappoints Aon for fiduciary management services

Aon has been reappointed to provide fiduciary management services to the ITN Pension Scheme.

ITN, the news programme provider for ITV, Channel 4 and Channel 5, has used Aon for fiduciary management services for its pension scheme since 2013.

The renewal of Aon’s appointment to the £400m scheme is part of the Competition and Markets Authority Order, which required the ITN Pension Scheme’s trustees to carry out a competitive re-tender of Aon’s fiduciary management services.

Aon is also actuary and investment adviser to the scheme.

Commenting on the reappointment, ITN Pension Scheme incoming chair of trustees, Lesley Everett, said: “We are delighted to be able to continue working with Aon. We were particularly impressed in the way Aon has incorporated responsible investment into our investment approach.

“It's an area that is increasingly important to us and I am confident that the Aon team will continue to innovate in this area. We believe this is both to the benefit of the scheme and to the wider global community.”

Aon partner, Lucy Barron, added: “It's particularly pleasing for us to have the opportunity to continue our long-standing relationship with the ITN Pension Scheme. We are proud that through our fiduciary approach, we have helped the scheme to monitor its position carefully - and therefore to have withstood the recent market volatility.

“The scheme also places genuine importance on responsible investment – which is an increasingly important area for our clients. We look forward to evolving our activity with the scheme in this area by working closely in partnership with the trustees.”

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