Hewitt signs agreement with Benefit Network
NORDIC- The joint venture between the consultants Hewitt and Swedish consultant Loneanalyser has signed an alliance with the Norwegian consultant Benefit Network in a bid to offer more comprehensive consulting services in the Nordic region.
Both parties have worked together in the past but predominantly in Norway. Key to the new deal is Pensions Services, an administration company based in Stockholm and recently acquired by Benefit Network.
“We’ll be doing a lot of work with Pensions Services in Sweden,” says Bjorn Nilsson of Hewitt in Stockholm, adding “at the moment we’re not able to offer the pensions administration, something that we shall be able to do after the deal.”
No equity or cash is changing hands, nor are there any changes to the management. “We’re simply making a formal agreement between the two companies,” says Nilsson.
The combined manpower of the four parties is roughly fifty consultants.