Close Brothers to sell corporate arm to JLT Employee Benefits

Close Brothers provides a range of financial advice, investment management and online investing services to private clients and professional advisers. Alternatively JLT has employee benefits and corporate financial advice as its core business, which it said it has more than 2,200 professionals throughout the UK. The transaction will see around 350 clients and around 40 employees move across to JLT. Close Brothers businesses that will transer as part of the deal are Employee Benefit Solutions (EBS), which provides pension advice and DC administration services, CPRM, which offers act...