Risk specialist and employee benefit consultant group Jardine Lloyd Thompson has completed the purchase of Alexander Forbes Consultants & Actuaries (AFCA), which will be integrated into its Employee Benefits (EB) division.
The £17m purchase, first announced in October, is an attempt to enhance the company's ability to "respond to the changing demand of the UK employee benefits market", the firm said in October.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
-
High earners underestimate how much they need to retire comfortablyHigh net worth individuals grossly misjudge how much money they need for a comfortable retirement, new data shows, with many not saving enough.
-
Retired banker who gave wife £80m to avoid inheritance tax won’t face equal split in divorceFamily lawyers say the Supreme Court ruling will have significant impact on high net worth divorce cases
