Investment management organisation Becketts Financial Services has acquired the employee benefits division of NW Brown.
The acquisition aims to strengthen Becketts’ employee benefits business, enabling the organisation to offer a comprehensive range of reward products around pensions, flexible benefits services, healthcare and group risk insurance.
The eight NW Brown employees will move to Becketts new Norwich-based office in the autumn, joining its current employee benefit team of 35, and will report to Andy Cousins, head of employee benefits.
Andrew Curran, chief financial officer at Brown Shipley, said: “Becketts was the obvious choice to take over NW Brown’s employee benefits division because we know our clients will receive high-quality service, and our employees will be given every opportunity to thrive under their leadership. We were impressed by the strength of their offering and quality of their team. We wish them every success.”
Andy Cousins, head of employee benefits at Becketts, added: “Our strong balance sheet and extremely well-qualified employee benefits team mean we are well-positioned to deliver valued proactive advice to our clients. It also gives us the opportunity to support new clients at a time when caring for employees has never been more important.”