24 May 2016 Insurance

Aon Hewitt hires Hymans Robertson exec for senior consultant role

Aon Hewitt, the global talent, retirement and health solutions business of Aon, has appointed Matthew Fletcher to its Risk Settlement Group as a senior consultant.

Fletcher has more than 15 years’ experience in the pensions industry. He joins Aon Hewitt from Hymans Robertson where he was a technical consultant within its longevity company Club Vita and oversaw various areas of technical development.

Prior to this, he spent 11 years with Towers Watson in longevity-related and scheme actuary roles. Matthew is a Fellow of the Institute of Actuaries.

Fletcher is also member of the Continuous Mortality Investigation’s (CMI) Projections Committee and of its Self-Administered Pension Schemes Committee which investigates UK pension scheme mortality to produce mortality curves that are widely used by schemes and bulk annuity providers across the UK.

In his new role Fletcher will be consulting on all issues surrounding longevity risk and the ways to measure and combat it.

The appointment follows Aon Hewitt’s announcement in February that Michael Walker had rejoined the firm as a principal consultant in its Risk Settlement Group.

Martin Bird, senior partner at Aon Hewitt and head of the Risk Settlement Group, said: “We are continuing to build our Risk Settlement team as demand for longevity de-risking solutions continues to grow. The combination of low yields, a continued focus on de-risking and the pressures of adapting to the new Solvency II regime means that a deep understanding of longevity risk remains at top of the agenda.

“Matthew Fletcher’s arrival with us is therefore very timely. He brings excellent and very broad technical knowledge as well as extensive client experience, so we are pleased to have brought him to the Aon team.”

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