Canadian pensions consultancy joins MBWL network
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Canadian consultancy Normandin Beaudry has joined MBWL International, an international joint venture between Barnett Waddingham, Milliman and Lurse, as an equal partner to expand the network’s global footprint.
Normandin Beaudry has been a strategic partner of MBWL’s for many years, and the new JV will formalise and strengthen their relationship.
MBWL International said Normandin Beaudry’s addition is a “natural strategic move” that will enhance the JV’s ability to deliver services to global companies with cross-border requirements, and compliments MBWL’s presence across the UK, US, Germany and more than 30 other countries worldwide.
The parties said: “Normandin Beaudry shares MBWL’s dedication to excellence, while aligning with its cultural goals of prioritising independence, quality and consistently delivering exceptional value to its clients.”
Founded in 1992, Normandin Beaudry is an independent actuarial and total rewards consultancy with 350 employees. It provides services across Canada in eight areas of expertise: group benefits, pension and savings, pension plan administration, investment consulting, compensation, health, performance and communication.
Normandin Beaudry’s president Éric Montminy said: “We look forward to continuing to work closely with our international partners to expand the service offerings and total rewards expertise that we provide to organisations in Canada while now offering structured international support across the globe.”
What will MBWL International’s expansion mean for pension trustees?