With their sights set firmly on the trillions of defined contribution plan assets expected to move into customized target-date funds before the end of the decade, Bridgewater Associates LP and AQR Capital Management LLC are looking to make sure their risk-parity and hedge fund strategies are readily available for use as components within the target-date series.
Recent deals, rollout of new suite of products helping to bring the company out its traditional back-office operations.Read More
One year ago, Aon Corp. completed its $4.9 billion acquisition of Hewitt Associates Inc., Aon's largest acquisition and the biggest deal ever involving a benefits consultant. The transaction, in which Aon merged its Aon Consulting unit with Hewitt Associates, brought together two firms with different strengths, with Hewitt more focused on the large employer market and Aon Consulting more focused on the middle market. Aon Hewitt Inc. is based in Lincolnshire, Illinois, which was Hewitt's headquarters. Coinciding with the one-year anniversary of completing the transaction, Baljit Dail and Kristi Savacool, both CEOs of Aon Hewitt, discussed a variety of issues with Business Insurance Editor-at-Large Jerry Geisel. Read More
The company wants 300 to 400 white-collar workers to take early retirement by August, people familiar with the plan say. If too few sign up, layoffs could follow.Read More
Cognizant is among a growing number of companies assigning HR executives to M&A activity. During the past four years the firm has averaged one acquisition per year.Read More
Less than half of the companies that have begun moving general and administrative work to offshore offices said they were satisfied with the new unit’s ability to innovate, a new Hackett Group survey finds.Read More
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Our company has 300 employees, including 100 sales staff in 39 states. We outsource payroll processing to a firm that is not able to keep up with our growth. We are considering a larger payroll provider or bringing payroll in-house. What factors should be considered in this evaluation, and what have other companies our size found to be the most economical and efficient solution?
The company says the acquisition will expand its geographic reach and give it a leading position in the United Kingdom, Canada and Brazil.Read More
The consulting firm said it has signed a definitive agreement to acquire Aliquant, a health and welfare benefits outsourcing firm.Read More