Thames Water DC arrangement selects Aon MasterTrust
Aon Investments →Aon announced on October 8, 2020 that Thames Water’s defined-contribution stakeholder arrangements would transition to the Aon MasterTrust. The scheme had approximately 5,000 members. The selection followed a provider review and consultation, with the proposed arrangement offering reduced administration charges, investment management by Aon’s fiduciary team, flexible retirement choices and online planning tools. Aon described the MasterTrust as having operated since 2017. The announcement was prospective about the transition and did not establish a completed transfer date. It did not disclose Thames Water’s transferred assets. A separate statement about assets committed across Aon’s broader DC range included onboarding clients and is not treated as this scheme’s size.