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JLT unveils second expansion deal in a month

Pensions consultancy adds pensions admin and actuarial business from insurer Aegon

JLT Benefit Solutions, the pensions consultancy, today announced its second expansion deal in a month, with the addition of 100 staff and 500 pensions clients from a Dutch insurance group.

The deal with Aegon covers the Dutch firm's small pensions administration and actuarial consulting practice in the UK. The business, Aegon Trustee Solutions, advises company pension schemes with a total of about £710m under management. Financial terms of the deal were not disclosed.

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