JLT Benefit Solutions acquires smaller rival

Money pounds cash Pensions Insight

JLT Benefit Solutions has snapped up Alexander Forbes Consultants and Actuaries.

JLT’s investments and pensions consultancy arm paid £17m for the firm, which had £27.7m revenue in the year ending in March.

Currently, JLT is behind the ‘big three’ of Aon Hewitt, Mercer and Towers Watson when it comes to pension and actuarial investment advice.

 

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