Foster Denovo acquires employee benefits consultancy TEBC

TEBC brings with it five staff and has about 100 corporate client relationships, mainly providing advice on pensions and group risk, as well as face-to-face member advice. The staff will join Foster Denovo following the acquisition and will over time be integrated into the IFA's existing employee benefits division, Secondsight, it said.  Chief executive Roger Brosch said this was the first acquisition it has completed as part of its growth strategy. Foster Denovo already has eight offices across the UK.  He said: "Sue Lewis, who heads up TEBC, has built exceptionally strong relatio...