Business Context and Reporting Period
Company: Willis Group Holdings Limited (Willis Towers Watson PLC)
Filing Type: Form 8-K (Current Report)
Date of Report: October 30, 2006
Jurisdiction: Bermuda
This filing reports a temporary suspension of trading under the registrant's 401(k) Plan due to administrative changes.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report is limited to a disclosure regarding employee benefit plan administration.
Material Changes
The material change disclosed is the temporary suspension of trading under the 401(k) Plan. This suspension is necessitated by a change in the Plan's Trustee, record keeper, and investment options effective December 1, 2006.
Outlook, Risks, and Unusual Items
- Trading Suspension: Plan participants will be unable to direct or diversify investments in their individual accounts, including Willis common shares.
- Duration: The blackout period is anticipated to commence the week beginning November 16, 2006, and end the week commencing December 11, 2006.
- Verification: Interested parties may confirm the status of the blackout period by contacting the Group Secretariat at +44 207 860 9146 or bryants@willis.com.
Investor Verification Checklist
- Confirm the exact start and end dates of the 401(k) trading blackout period.
- Verify the impact of the new Trustee and record keeper on investment options.
- Check for any subsequent filings regarding the resumption of trading or changes to the plan structure.