Sign up today and take advantage of member-only content — the kind of timely, cutting edge industry insight that only Money Management Executive can deliver.
  • Exclusive Online Only Content
  • Free Daily Email News Alerts
  • Asset Management Blogs

Northern Trust Sells Retirement Unit to Hewitt


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.

Copyright 2003 Thomson Media Inc. All Rights Reserved.

http://www.thomsonmedia.com, http://www.mfmarketnews.com