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Northern Trust signs Fidelity as new record keeper

Northern Trust Corp., Chicago, hired Fidelity Investments as record keeper of its Northern Trust Company Thrift-Incentive Plan, effective April 1, the company announced in an 8-K filing with the Securities and Exchange Commission on Thursday.

Fidelity replaces Aon Hewitt as record keeper.

The reason for the replacement and information on whether investment options will change as a result could not immediately be learned.

The plan had $1.8 billion in assets as of Dec. 31, 2015, according to its most recent 11-K filing.

A Northern Trust spokesman could not immediately be reached for additional information.