Aon Hewitt has picked Financial Engines as an independent sub-advisor for its 401(k) recordkeeping clients. Aon Hewitt Financial Advisors will act as the provider of investment advisory services and as the fiduciary of the advice and management provided.
The service will provide participants, whose companies choose Aon Hewitt for administration of their savings plan, access to Financial Engines’ full range of services, including online advice and professional management. The two firms will continue to support the delivery of advisory services under existing client agreements, under which Financial Engines provides advisory services directly to Aon Hewitt clients.
Click here for the release from PR Newswire.