Howden Insurance Brokers has acquired employee benefits consultancy and insurance broking service provider Workplace Pension Solutions (WPS).
WPS was set up in 2012 by Jon Francis and Robbie Weston, both of whom have experience as independent financial advisers.
Weston (pictured), managing director of WPS, said: “Howden is the perfect place for us to grow our business.
“Howden offers both the collaborative environment and the technical and financial resources, which will allow us to continue to develop our proposition.
John Bennett, chief executive officer of Howden Insurance Brokers, added: “[WPS] is very well positioned to help grow our global employee benefits business.
“The team’s existing [employer] clients will benefit from access to Howden’s wider corporate insurance capabilities, and the addition of a strong employee benefits capability to Howden’s portfolio will allow us to provide our UK [employer] clients with our own in-house employee benefits expertise.”