PORTUGAL - Hewitt Associates and Bacon & Woodrow have teamed up to establish a new Retirement and Financial Management Practice (RFM) in Hewitt's Portugese office.
It is designed to provide a range of actuarial, employee benefits and investment services to Portuguese companies and will be overseen by Bacon & Woodrow’s Clive Stains. The development is a precursor to the companies’ formal merger plans.
António dos Santos, who leads Hewitt’s operations in Spain and Portugal, said: “This move is a clear demonstration of how the integration of Hewitt Associates and Bacon & Woodrow will bring a broader range of consultancy services to both firms’ clients across Europe. We are heavily investing in broadening our European capabilities and the appointment of Clive to head up our RFM practice is a key move towards achieving this goal. “
At Bacon & Woodrow Staines led the team that was responsible for advising Portuguese clients on pension and healthcare plans. His past work also includes leading a major review of the Egyptian government’s pension plan for civil servants and he is a Fellow of the Institute of of Actuaries in the UK.
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