MAP Fund wins Best Pension Fund award

NICOSIA – 7 December 2020 – Aon, (NYSE: AON), announced that its Multi-Employer Provident Fund, MAP Fund, has been awarded a number of European industry commendations, praising our Fund. Here are some of our recent successes in the 2020 IPE Awards, the European pension industry's industry-leading event:

  • WINNER – Best Small Pension Fund (assets less than €1bn)
  • HIGHLY COMMENDED - Multi-employer / Professional Pension Fund
  • HIGHLY COMMENDED - Pensions Governance & Administration
  • HIGHLY COMMENDED - Small Countries.

The IPE European Pension Funds Awards is the largest award for European pension funds, with the 2020 participation of several hundred funds from 23 countries covering more than 70 million members and €2 trillion assets.

Philippos Mannaris, Aon's Managing Partner for Cyprus, commented:

"We're very proud of the work we do for you, our members. And not without reason. This award is in recognition of all the efforts made to deliver excellence in Provident Fund management via more effective governance, administration and investment processes, with the ultimate aim of better outcomes for our members.

The award caps off a year of important milestones for the Fund, which has now engaged with over 165 employers in Cyprus and Greece, covering over 2.800 members, as a turn-key provident fund solution ensuring that their pension savings are professionally managed.

We look forward to continuing the delivery of value-added services that serve the best interests of our Fund members and their beneficiaries"

MAP Fund allows:

  • Employers to outsourcedα the governance and management responsibility to experts, allowing their organisations and executives to focus their attention on what matters most for their business strategies.
  • Employees to have full access to their account and choose their own investment strategy, from a menu of carefully designed options, implemented via global independent asset managers rated and selected by Aon.

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