Aon names head of wealth solutions

Saffron Sweeney
Aon Hewitt Limited - Head of Wealth Solutions
Date: 13 January 2022
Position: Head of Wealth Solutions
By Elizabeth Fry

After 28 years with Aon, Saffron Sweeney has been named head of wealth solutions, Australia and chief actuary wealth solutions, Asia Pacific.

Before her promotion, Sweeny was most recently head actuary at the professional services giant.

Sweeny has had extensive experience in employee benefits consulting, including defined contribution, defined benefit, and long service leave benefits.

Her new role will see her become part of an integrated team across APAC encompassing experts on reward, health, and other employee benefits adding to superannuation, actuarial, and wealth consulting.

Aon said Sweeney's appointment will ensure greater oversight and an expanded focus into the region on meeting ever-changing client needs.

"Driven by major demographic shifts, wealth inequality, disruption, and financial market complexity, the global savings and wealth landscape is becoming increasingly difficult to navigate," said Ashley Palmer, head of wealth solutions, Asia-Pacific.

"Aon's team is best placed to help employers, superannuation funds and investment officers make better decisions to optimise outcomes and provide a more secure future."

Speaking on her appointment, Sweeney said she is looking forward to driving a more connected approach across employee rewards, benefits and retirement plans.

"I am excited to share our expertise and expanded capabilities with our clients in Australia and across APAC, which will include bringing in our experts on reward, health, and other employee benefits to join with our superannuation, actuarial, and wealth consulting team.

"We will work with clients to establish wealth, rewards and wellbeing programs that set them apart from their competitors, assisting them in measuring the effectiveness of their employee offering and partner with them towards becoming an employer of choice."

Aon's wealth solutions practice generates around US$1.3 billion in global revenue, has US$3.6 trillion in assets under advisement and US$4 trillion of liabilities valued.