WTW to acquire an 85% stake in Cushon from NatWest.

WTW, a global advisory, broking, and solutions company, agreed to acquire an 85% stake in Cushon, a workplace pensions, savings, and financial wellbeing company, from NatWest, a financial services company. Financial terms were not disclosed. “Since acquiring a majority stake in Cushon, we have worked together to grow the business by bringing more innovative products to more customers. Going forward, I am pleased that we will continue to offer access to Cushon’s services on a referral basis, especially given the ongoing demand for pensions solutions amongst SMEs and Commercial Mid-Market firms,'' Paul Thwaite, NatWest Group CEO.