Willis completes buy from IFG

Willis Ireland has completed its acquisition of a range of Irish pension and financial advisory businesses from IFG Group.

Willis has acquired IFG Pensco, a pensions, consultancy and administration business; Retirement Strategies and IFG Private Clients, which are both financial advisory companies; Planlife Trustee Services, a professional trustee company; and Trade Credit Brokers, a trade credit broking business.

Tim Wright, chief executive officer (CEO) of Willis International, and leader of Willis’s global human capital and benefits practice, said: “This is the latest in an exciting series of acquisitions this year to grow and develop our human capital and benefits practice globally. The Irish market holds a lot of potential and we see a growing interest among both clients and prospects in retirement and wealth planning.”

Alberto Gallego, regional CEO of Willis Western Europe, said: “We are in a strong position in Ireland when it comes to pension solutions, and this move builds on that. I’m very pleased that this acquisition is now completed, and to see so much extra talent and expertise under the Willis roof.”