Aon completes merger with Hewitt Associates
Global provider of insurance brokerage and risk management services, Aon Corporation, announced it has completed its US$4.9 billion merger of Hewitt Associates with a subsidiary of Aon, creating Aon Hewitt.
The new firm will provide human capital consulting services, marking a milestone in Aon’s history, according to Greg Case, president and chief executive officer of Aon Corporation.
“Through Aon Hewitt, we will provide our clients with a broader portfolio of…products and services focused on what we believe are two of the most important topics facing today’s global economy — risk and people,” Case said.
The chairman and chief executive officer of former Hewitt Associates, Russ Fradin, will head Aon Hewitt.
Recommended for you
BT is to launch a new low-cost “Focus” investment menu for its Panorama platform this October, in partnership with Vanguard, seeking to compete with industry superannuation funds.
Net gains of financial advisers have already doubled since the start of FY25, according to this week’s Padua Wealth Data, with momentum gathering pace far faster than the previous financial year.
National advice firm MiQ Private Wealth has appointed a new chief executive to lead the business through a “transformative era” after penning a partnership deal with AZ NGA earlier this month.
WT Financial’s managing director, Keith Cullen, believes the firm’s Hubco model with Merchant Wealth Partners will be a “repeatable growth model” for the business as it scales its adviser numbers.
