JLT acquires employee benefits specialist
Insurance and employee benefits group Jardine Lloyd Thompson Group (JLT) has acquired Alexander Forbes Consultants & Actuaries Limited (AFCA), which will be subsumed into JLT's employee benefits business.
Insurance and employee benefits group Jardine Lloyd Thompson Group (JLT) has acquired Alexander Forbes Consultants & Actuaries Limited (AFCA), which will be subsumed into JLT's employee benefits business.
JLT is paying £17m in cash for ACFA, which provides a comprehensive range of employee benefits and services to trustees and employers and is part of the Alexander Forbes Group, an international financial services organisation.
It employs over 300 people in the UK and has offices in Croydon, Edinburgh, London, Solihull, Manchester and Southampton. The business generated £27.8m of revenue in the year to March 31st 2012.
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
JH
Get the latest financial news, insights and expert analysis from our award-winning MoneyWeek team, to help you understand what really matters when it comes to your finances.
MoneyWeek is written by a team of experienced and award-winning journalists, plus expert columnists. As well as daily digital news and features, MoneyWeek also publishes a weekly magazine, covering investing and personal finance. From share tips, pensions, gold to practical investment tips - we provide a round-up to help you make money and keep it.
-
Revolut launches its first stocks and shares ISA with BlackRock and Vanguard ETFs
A year after getting its UK banking licence, Revolut is now launching its first stocks and shares ISA with a suite of exchange-traded funds (ETFs) from BlackRock and Vanguard.
-
What does Trump’s ‘Big Beautiful Bill’ mean for the US economy?
Donald Trump’s budget bill will slash taxes, but is expected to add at least $3 trillion to US national debt