Hewitt ceased to exist as an independent entity at the completion of its purchase by the Aon Corporation in October 2010. … October 1, 2010: acquired by Aon. May 1, 2017: outsourcing department sold to private equity firm Blackstone and rebranded as Alight Solutions.
People also ask, what is P&G PST plan?
The Procter & Gamble Profit Sharing Trust and Employee Stock Ownership Plan (PST Plan) is an employee stock ownership plan (ESOP). The Plan is designed to invest primarily in Company Stock and is intended to meet the applicable requirements of Sections 401(a), 409, and 4975(e)(7) of the Internal Revenue Code.
Similarly one may ask, does Aon offer a pension plan?
401(k) plans allow employees to save for retirement through pre-tax deferrals of income. … Aon’s Executive Benefits practice has extensive experience designing, implementing, and administering deferred compensation plans (DCPs) and defined contribution supplemental executive retirement plans (DC SERPs).
Who bought Aon Hewitt?
Does Procter and Gamble have a pension?
The company offers two active retirement plans — a 401k Savings Plan and the Procter & Gamble Profit Sharing Trust (P&G PST). … Historically, the generous contributions combined with well-performing P&G stock have allowed employees across the organization to realize their personal financial independence.
What kind of insurance company is Aon?
Aon plc (English: /?e??n/) is a multinational professional services firm that sells a range of financial risk-mitigation products, including insurance, pension administration, and health-insurance plans. Aon has approximately 50,000 employees in 120 countries.
What does Aon insurance do?
Aon is a global professional services firm that provides a wide range of risk, reinsurance, retirement, and health solutions. With more than 50,000 employees in 120 countries, the company supports customers worldwide by using propriety data and analytics to deliver insights that improve performance.
How much does a pension administrator earn?
What is the average salary for Pensions Administrator jobs? The average salary for Pensions Administrator jobs is £26,000.
Who is a pension administrator?
A plan administrator is a person or company responsible for managing a retirement fund or a pension plan on behalf of its participants and beneficiaries. The plan administrator is tasked with ensuring the funds are properly collected and distributed to all qualified participants.
How do I contact Aon?
Call us: 1. 800.453. 0567, Mon-Fri 8am-10pm EST, Sat 9am-5pm EST.