Aon agrees to pay $1.5m for misleading pension client

The Aon Partner attributed the error to “data corruption” that “was due to an error by an analyst in uploading NAV and cashflow data from the [custodian bank] system into the PARis performance system Aon uses.” This statement was misleading because it was still not clear to Aon what had caused the error and it was merely a working theory

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