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Aon Hewitt Sued Over Fee Arrangement with Investment Advisor for Caterpillar's 401(k) Plan
Bloomberg BNA 
Jan. 31, 2017
"Aon Hewitt devised an arrangement with Financial Engines for investment advice services that resulted in collecting unreasonable and excessive fees at the expense of Caterpillar Inc.'s 401(k) plan participants, according to a lawsuit filed Jan. 27 ... The lawsuit seeks class treatment for thousands of participants. Aon Hewitt and its subsidiaries engaged in a kickback scheme with Financial Engines that resulted in millions of dollars in plan losses in violation of [ERISA], the complaint alleges."
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