Northern Trust Sells Retirement Unit to Hewitt
May 5, 2003
Northern Trust is selling Northern Trust Retirement Consulting to Hewitt Associates. The division provides 200 companies and more than one million participants with defined benefit, defined contribution, recordkeeping and customer service, including health administration services for retirees.
Once the transaction closes in June, Hewitt will assume control of Northern Trust Retirement's facilities and employees in Atlanta.
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