UK - The Biffa Pension Scheme has appointed Aon Hewitt to provide investment advice and delegated consulting services.  
Biffa, an integrated waste management business, operates the largest industrial and commercial waste collection network in the UK, with more than 63 depots nationwide and over 1,300 collection vehicles.  
Aon Hewitt has been providing investment, actuarial and administration services to the defined benefit schemes of Biffa and its antecedent companies - Wessex Waste Management Scheme and later UK Waste Scheme - since 1991.

The Biffa Pension Scheme has more than 4,500 members and £250m in assets.
Aon Hewitt has been advising the scheme on the reorganisation of its investments, including the transition of the scheme's £70m equity allocation to Aon Hewitt's delegated consulting services.
The scheme has delegated all day-to-day investment decisions for this allocation to Aon Hewitt, which has discretionary powers to select and appoint fund managers for this part of the portfolio.
In addition, Aon Hewitt will continue to provide traditional investment consulting services for the remaining £180m, which has a portfolio comprising bonds, hedge funds, property and infrastructure.
Zuhair Mohammed, chief executive of delegated consulting services at Aon Hewitt in the UK, said: "We are continuing to see increased interest from pension schemes in delegating their investment decisions.

"With this new mandate, we aim to establish a more responsive governance structure and will now take on the responsibility for their key investment decisions relating to their equity allocation."
Aon Hewitt's delegated consulting services team has also won mandates from PPG and the Getinge Group this year.