Eckler Ltd., a consulting and actuarial firm, announced on Jan. 29 that it recently acquired Employee Financial Well-Being (EFW), a financial wellness company.

EFW provides financial education and training to employees across Canada with the aim of improving their financial well-being.

Teaching money management

"Eckler's acquisition of EFW is another meaningful commitment to help Canadians improve their financial security," says Janice Holman, Principal and leader of the Defined Contribution and Financial Wellness practices at Eckler. "While Eckler's roots are in helping Canadians secure retirement income, we've recognized that in today's consumption-based world, teaching Canadians the foundation of money management is key to help them achieve the lifestyle they want, both today and in retirement."

"Eckler is a perfect fit for the types of services EFW offers," says Frank Wiginton, CEO, Employee Financial Well-Being. "We look forward to leveraging Eckler's deep retirement, benefits and communications expertise to nationally broaden our leading financial education."