Lane Clark & Peacock to acquire pensions administration and investment consulting business of Aon.

Lane Clark & Peacock, an investment and insurance consulting firm, agreed to acquire the pensions administration and investment consulting business of Aon, a global professional services firm providing a broad range of risk, retirement and health solutions. Financial terms were not disclosed. "This agreement demonstrates further momentum on the path to close our proposed combination with Willis Towers Watson. We recognize the significant contributions these colleagues have made on behalf of our clients during their time with Aon. LCP shares with us a culture of innovation and excellence and we know these colleagues have a positive future at LCP," Greg Case, Aon CEO.