Head to head: Is the ongoing consolidation of benefits and pension consultancies good for plan sponsors? | Buobe
Head to head: Is the ongoing consolidation of benefits and pension consultancies good for plan sponsors?
Buobe IA context · why it matters
Consolidated consultancies provide greater capacity and expertise — This can lead to better management of complex benefit programs.
Independence allows for shared entrepreneurial spirit — Plan sponsors may prefer this flexibility in decision-making processes.
Focusing on potential outcomes, the choice between consolidation or independence will likely depend on specific plan sponsor needs and preferences.
A large consolidated consultancy offers plan sponsors capacity, expertise and bargaining power, argues one expert, while the other highlights the shared entrepreneurial DNA in choosing an independent partner.
