CYPRUS - Hewitt Associates has opened a new office in Nicosia, Cyprus, bringing the number of European countries in which Hewitt has operations to 17.
The firm, which has operated in Cyprus for over 20 years, said a "marked" increase in demand for retirement and benefits advice in the country had prompted it to set up an office there. Philippos Mannaris,...
CYPRUS - Sodexo has re-appointed Hewitt Associates to provide actuarial and investment consulting and administration services to its retirement and medical funds in Cyprus.
CYPRUS - Pension funds must modernise management practices to provide healthy returns in the future, KPMG and Hewitt have warned.
CYPRUS - The Cypriot government has once again been forced to face its bleak pension reality with the International Monetary Fund declaring urgent reform was needed in addition to the steps taken to address aging-related expenditure pressures.