Defined Contribution Investment Solutions

Aon helps plan sponsors design unique investment programs that engage participants and help them to invest to achieve their goals. Our consultants assist with identifying your goals and objectives, then partner with you to select and monitor fund managers.

Investment Advisory Consulting

Aon’s consulting solutions are fully integrated investment management services focused on strategy, implementation, and execution. Our teams collaborate with defined benefit and defined contribution plans to provide portfolio management, alternatives consulting, manager research, and investment policy services. Learn More>>

Outsourced Chief Investment Officer (OCIO)

We help clients delegate some or all investment decision making, reduce plan workload and potentially reduce fees by leveraging our scale. We customize the solution to suit the level of engagement that’s right for you–from traditional investment advisory consulting to partial delegation to OCIO. Learn More>>

Defined Contribution Advisory and OCIO Clients - Related Services

 

Real Asset Solutions – The Townsend Group

The Townsend Group, an Aon company, is a global team of practitioners in real assets and private equity that secures prime deals from top managers. The group aims to create opportunities by drawing upon a worldwide, multi-manager investment platform exclusively focused on real assets. Learn More>>

Vendor Selection

Backed by Aon’s expert consultants and a vast vendor database, our recordkeeper search and selection process helps plan sponsors identify a vendor who can best meet their needs and fulfill fiduciary responsibilities. Learn More>>

Investment Advisory Consulting vs. OCIO DC Plan Consulting


Area of Focus 3(21) Investment Advisory
Consulting
Delegated 3(38) Investment
Consulting with DC Manager
Common Features Plan sponsor owns over-arching strategy, menu construction and
investment policy. Committee retains responsibility for evaluating the
advisor.
Fiduciary Risk

Included in investment advisory consulting with partial delegation
Consultant is co-fiduciary,
makes investment-related
recommendations; Committee
makes decisions
Consultant is investment
fiduciary with primary
responsibility for investment
decisions (manager selection,
termination & monitoring);
Committee in oversight role
Manager Selection and Termination Consultant recommends;
Committee makes decisions
Full access with multi-billion
dollar scale; institutional
vehicles, like collective trusts
Manager Vehicle Limited by plan sponsor scale;
often limited to mutual fund focus
Delegated to Consultant
Plan Sponsor Spend Retail mutual fund fees; manager
searches; programming and
Committee time
Buying power support of a
multi-billion dollar plan; searches,
programming
Monitoring Typically quarterly Daily with quarterly updates
Manager Replacements 6-12 month process Completed in days or weeks*
Committee Meetings and Reporting Focus on manager review;
backward looking
Focus on strategy and
participant outcomes: forward
looking
 

* Not all client experiences are the same and implementation periods may vary significantly from those presented based on a client’s specific circumstances.


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