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Aon Hewitt, Alight Win Lawsuit Alleging Pension Risk Transfer Failures
planadviser; registration may be required
Apr. 28, 2021 "Among other claims, the lawsuit alleged that Aon Hewitt didn't perform all the communications services that it was contracted to perform, resulting in only 67% of eligible plan participants electing a lump-sum distribution instead of a projected 80% of participants." [Foundation Resolution Corp. v. Aon Hewitt Investment Consulting, Inc., No. 18-458 (M.D. Fla. Apr. 22, 2021)] MORE >> |
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