Aon Financial News

02.05 / 12:55

CEO Platform wellness President Aon innovations BlueRock invests in Townsend for private wealth expansion as Aon sells firm

Plans have been announced for a strategic partnership that will enhance the U.S. private wealth distribution channel of real assets investment firm The Townsend Group which advises clients with $218 billion in assets.

12.03 / 18:32

UPS Provident economy trends Aon show Schools Indian companies to hand out bigger hikes

companies are likely to provide better salary hikes this year than those headquartered abroad to their India-based employees, continuing a trend that started two years ago, according to a survey. Professional services firm Aon, which surveyed more than 1,400 organisations in 45 sectors, estimates India-based companies to pay a 9.6% increment on average and foreign-headquartered firms to pay 9.3%. Compared with 2023, the hikes will be smaller for both groups.

27.02 / 14:41

markets UPS Target Exodus Aon performer rights GCCs face talent exodus amid rising competition

BENGALURU/MUMBAI : Global capability centers (GCCs), which have outpaced IT services companies in talent acquisition both from campuses and the job market, are now grappling with attrition due to rising competition among themselves. The skilled workforce at GCCs, accustomed to serving US and European clients, are prime targets for competing GCCs seeking to onboard personnel without delay, as they enter or expand operations in India. "GCCs, too, are susceptible to attrition risk, in view of rising demand for talent across GCCs, particularly with a growing number of GCCs getting established.

21.02 / 09:31

markets Target Manufacturing Cycling Aon cover India Inc likely to give 9.4% average pay hike in 2024: Aon

India Inc. is likely to give an average pay hike of 9.5% in 2024, marginally lower than last year’s actual salary hike of 9.7% amid tepid business sentiment in sectors like technology, consulting and services, e-commerce, and retail. The salary hike forecast for the Indian market was announced by Aon plc, a global professional services firm, in a virtual press conference on Wednesday. The projections are based on data from 1,414 companies covering nearly 45 industries.

16.02 / 12:19

UPS Target Software Aon Defence stocks rise as DAC sanctions ₹80,000 crore project; HAL up 2%; MTAR Tech, Bharat Forge see sharp gains

Hindustan Aeronautics Limited (HAL), Bharat Forge, MTAR Technologies, and others saw sharp intradya gains on Friday, February 16, after the Defence Acquisition Council (DAC) approved contracts worth approximately ₹84,560 crore, for enhancing India's overall defence requirements and infrastructure. The DAC, chaired by Defence Minister Rajnath Singh, gave the green light to the proposals during its latest meeting.

14.02 / 18:41

markets UPS Booking security Aon show reports Wealth management firms start off 2024 with M&A bang

The momentum of consolidation across the wealth management industry showed no signs of ebbing coming into 2024, according to a new report from Fidelity.

14.02 / 15:13

bonds ESG funds Aon ESG funds decarbonisation AXA IM unveils global short duration bond fund with decarbonisation objective

Nicolas Trindade, who currently manages £2bn in global and sterling liquid short-dated fixed income strategies for the firm, will be the lead portfolio manager of the fund.

23.12 / 15:58

CEO Adobe Strategy Enterprise Fitch Warner Bros Aon reports Adobe & Figma terminate merger, Nippon Steel to buy U.S. Steel: 4 big deal reports

Investing.com — Here is your Pro Recap of 4 head-turning deal dispatches you may have missed this week: Adobe Systems and Figma mutually agree to terminate merger, Nippon Steel to acquire U.S. Steel, Warner Bros. Discovery and Paramount in merger talks, and Aon to acquire NFP.

20.12 / 13:15

Citi Manufacturing Google Discover Lowe’s Aon reports fall FedEx, General Mills, Steelcase, Aon fall premarket; Alphabet rises

Investing.com — U.S. futures slipped lower Wednesday, as investors paused for breath after a multi-week rally based on optimism of interest rate cuts from the Federal Reserve next year.

20.12 / 11:47

CEO Platform President Aon reports Aon plc to acquire NFP for $13.4 billion

Aon plc (NYSE:AON) has agreed to a deal to acquire NFP, a middle-market property and casualty broker, benefits consultant, wealth manager, and retirement plan advisor.

01.12 / 07:17

Provident Target Manufacturing Experts Aon information recommendations week Hindustan Aeronautics shares jump 5%, hit 52-week high on defence orders

«We wish to inform that, as per the Press Information Bureau, Defence Acquisition Council (DAC) accorded acceptance of necessity (AON) for procurement of Light Combat Helicopter (LCH) for Indian Air Force & Indian Army and Light Combat Aircraft (LCA) Mk 1A for Indian Air Force from HAL under buy (lndian-IDDM) category. The AONs have also been accorded for upgradation of Su-30 MKI Aircraft indigenously from HAL,» the company said in an exchange filing. While procurement of these equipment pieces will provide enormous strength to the IAF, acquisition from domestic defence industries will take the indigenous capability to a new height.

28.11 / 18:01

Gap economy Enterprise Aon show country reports Tech sector, be more gender-savvy

gender pay gap across sectors in India is well known. But what is liable to raise eyebrows is that even a 'modern' sector like technology, with its sturdy linkages with the global economy and young cohort of workers, suffers from the same malaise. A new Aon PLC report shows that the unadjusted gender pay gap in the tech sector in 2023 is 28-30%, while in junior management, it is 18-20%.

21.11 / 13:23

Career Gap Deloitte pandemic Aon reports Gender Pay Gap 2023: Are women getting equal opportunities in Tech?

Ernst and Young. Pahilajani is the only woman among her team members, with a ratio of 9:1 (Men to Woman). Women are taking the stride every day in their careers.

19.11 / 19:46

Provident Manufacturing Aon show performer information reports NOT 9-10% hikes may not help beat inflation

Mint had reported earlier after speaking with several consultants including Aon, Mercer and Willis Towers Watson (WTW) that Indian companies are likely to offer median increments of 9-10% this time, with macroeconomic pressures pushing companies to be more prudent. In fiscal year 2023 (FY23), the median remuneration had risen 9.5% on average, the highest since FY20 (9.7%), a Mint analysis of Sensex companies showed. However, in 2019-20 (before covid), the average annual inflation was far lower, at 4.8%.

27.10 / 18:21

Aon reports Aon third-quarter profit beats on growth in commercial risk solutions unit

(Reuters) — Insurance broker Aon (NYSE:AON) reported a third-quarter profit on Friday that beat analysts' estimates, helped by growth at its commercial risk solutions business.

04.10 / 22:29

Booking Racing MetLife Aon track reports Employers racing to offload pensions to insurers

To the extent that traditional pension plans aren’t all but a thing of the past in the private sector, they soon may be.

25.09 / 18:38

UPS Experts Aon performer track social Department Corporate pensions are at their healthiest in more than a decade

Pension plans for the largest U.S. companies are at their healthiest in more than a decade — and that's largely good news for the workers who participate in such plans, said retirement experts.

22.09 / 17:57

COST Reuters Healthcare Aon hospital Department Costs US employers expect to see biggest jump in healthcare costs in a decade next year

Rep. Richard McCormick, R-Ga., a member of the GOP doctors caucus, discusses White House COVID protocols and questions surrounding Sen. Mitch McConnell's health.

22.09 / 08:42

POT Browser Experts Aon information recommendations Rollout of auto enrolled pensions for under-22s likely in 2025

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20.09 / 17:31

COST Healthcare UnitedHealth Centene Aon hospital 2024 US employers to see biggest healthcare cost jump in a decade in 2024

By Leroy Leo and Khushi Mandowara

15.09 / 14:21

Target Manufacturing Mobile HAL Aon Govt approves procurement of 12 HAL manufactured Su-30 MKI fighter jets, Dhruvastra missiles

₹45,000 crore, including ones to acquire 12 Su-30 MKI fighter jets, maufactured by Hindustan Aeronautics Limited (HAL). The ₹11,000 crores project would include the aircraft and related ground systems, defence officials have said. “The aircraft would include more than 60 per cent indigenous content as per the requirement.

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