I've led Aon and its clients through numerous events and changes, including, most recently, passage of the SECURE Act and introduction of Pooled Employer Plans (PEPs), financial crises and the "perfect storm" for pension financing, the Protection Protection Act, health care reform, and medicare changes. In addition to consulting with clients, I have appeared on CNBC, testified before the U.S. Senate on pension issues, and been quoted in numerous financial and business publications. I also participate in numerous meetings in Washington and on Capitol Hill each year to help produce better outcomes for American workers and businesses.
There’s a compelling value proposition really to employers of all sizes. The stream of lawsuits in the 401(k) space suggest the risks are ramping up, and plan sponsors are taking note of that. Aon has been in discussions with numerous employers about the forthcoming plan, though it had not been able to move forward with offers. Now that the plan record keeper has been announced, it can provide more specific price information to prospective clients.18 February 2021