Consultant Hewitt Associates is establishing a new retirement and financial management department at its Portuguese office that will provide actuarial and employee benefit and investment services to Portuguese companies.
Hewitt and Bacon & Woodrow (B&W) are in the process of merging and Clive Staines of B&W has been appointed to build the practice. Staines led the team that advised Portuguese clients on their pension and healthcare plans. As an associate of the International employee benefits team he has worked with multinationals on their international benefit plans.
Says Antonio dos Santos, head of Hewitt’s operations in Portugal and Spain: “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 investing heavily in broadening our European capabilities and the appointment of Clive to head up our RFM practice is a key move to achieving this goal.”