Our news archive
Below you'll find an archive of previously published news items that you may find interesting.
2025
You'll find below an archive of previously published news items from 2025 that you may find interesting, or wish to reflect upon.
Beware of market volatility
08 October 2025
From time to time, market volatility may affect the value of your account. More recently – during the second quarter of this year (2025) – global equities, particularly US equities, saw lots of ups and downs and this may have impacted the value of your Aon OnePlan account.
This has mainly been triggered by concerns surrounding the impact of President Trump’s tariffs (taxes on imports into a country) and the uncertainty and reactions this has caused in investment markets. Given these are global issues, this is impacting all UK pension schemes.
Considerations
It is important to remember that your pension is a long-term investment. Building up your pension savings typically takes place over many years and during this time there will be ups and downs in financial markets - while this can be concerning, it is a normal part of investing. The default strategy, which most members are invested in, is designed to provide growth above inflation over the long-term, while managing risk as you get closer to retirement.
If you are invested in the default strategy, the impact of recent market movements on your pension account will depend on your proximity to retirement. It is also important to remember that if you are still investing regularly, your ongoing contributions will be well placed to benefit from any recovery in markets.
More than 15 years to retirement
If you are more than 15 years away from your target retirement age, your pension account is invested in global equities to provide long-term, above inflation growth. You may see more ups and downs in the short term, with the expectation that over the long-term you will receive higher returns.
Less than 15 years to retirement
If you are within 15 years of your target retirement age, your pension account is invested in a mix of global equities, corporate bonds and government bonds. Having a mix of assets is expected to reduce the ups and downs in the short term, while still providing above inflation growth over the longer term. This mix gradually changes as you get closer to (and past) your target retirement age and is regularly reviewed by Aon to take account of past performance and changes in market conditions.
Wider fund options
If you are invested in one or more of the wider fund options, the impact of recent market movements on your pension account will depend on the fund(s) you have chosen. We encourage you to review your fund selections on a regular basis to make sure they continue to meet your needs. Investment decisions are important, so please consider taking appropriate financial advice to help you make these decisions.
Beware of pension scams
Like anything valuable, your pension can become the target for scams, especially in times of uncertainty. Scams can take many forms and often appear to be a legitimate investment opportunity. It is important to protect yourself from pension scams. If you are concerned, or would like to find out more, please visit www.fca.org.uk/scamsmart.
Get advice
Short-term ups and downs in fund values can cause concern and some members may be thinking about changing investment funds. Please be aware that switching investments can lock-in market losses, so please consider taking appropriate financial advice to help you make investment decisions.
2024
You'll find below an archive of previously published news items from 2024 that you may find interesting, or wish to reflect upon.