Aon’s delegated business surge continues with Xerox hire

William Parry is leaving Xerox to take the role of senior consultant in the fiduciary management business of Aon Hewitt’s retirement and investment practice.

William Parry AonThe appointment is the latest of a number of senior additions to Aon’s EMEA delegated business months, which has grown by nearly 40 per cent over the past 12. Other recent appointments include Ed Tomlinson from SEI Investments, Tony Britton from Scottish Widows, and Will Hanglin from Allianz Global Investors.

Parry joins Aon after spending two years at Xerox as an investment consultant, a role he previously spent at LCP.  At Xerox he led the fiduciary management oversight team, acting as a third party evaluator, and was also the lead investment consultant on a number of advisory clients for the firm’s wider investment business.

In his new role, Parry will continue to develop its fiduciary management business by focusing on solutions for £1bn-plus pension schemes and working with third party evaluators across the UK and Europe.

Aon Hewitt delegated investment business senior partner and head of European distribution Sion Cole says: “I am extremely pleased that William Parry has joined Aon’s delegated team. He joins us during an exciting time of growth and investment in our fiduciary business, and when there is increasing demand from trustees and sponsors to consider this approach.

“William’s appointment not only reflects the increasing importance we place on our relationships with third party evaluators in the industry but also the growing demand from large pension schemes for truly tailored fiduciary solutions.”

Parry says: “As the challenges facing trustees and sponsors heighten, I believe this is the ideal time to be reviewing both the investment approach and pension scheme governance framework. So it’s a truly exciting time to be joining Aon’s delegated business and to be working with major pension schemes and further developing our relationship with fiduciary oversight firms across Europe.”