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Morneau Shepell Joins IBN; To Provide Global Solutions

Stocks in this article: MSI

The largest human resources consulting and outsourcing services company in Canada now part of a global network, allowing it to provide complete solutions to multinationals and opening up global opportunities

TORONTO, June 10, 2013 /CNW/ - Morneau Shepell (TSX: MSI) is pleased to announce that it has been selected by International Benefits Network (IBN) to be their exclusive Canadian member. This provides Morneau Shepell's clients with access to one of the largest networks of retirement and benefits specialists in the world.

"As the largest company in Canada offering human resources consulting and outsourcing services, we are pleased to now be able to extend our global reach as a result of our partnership with IBN," said Alan Torrie, President and Chief Executive Officer, Morneau Shepell. "This partnership supports our growth strategy by allowing us to provide complete support for our multinational clients, and attracting new clients who need broader international services."

This new partnership allows Morneau Shepell to offer benefits and retirement consulting services across 70 countries through the IBN network, and makes Morneau Shepell the exclusive provider of services for Canadian subsidiaries of IBN's multinational clients.

"This is a win-win partnership that will have significant benefit for our multinational clients," said Zahid Salman, Executive Vice President of Morneau Shepell. "We already have the capability to serve clients in multiple countries through our EFAP and administration lines of business. The IBN partnership now allows us to do this through our consulting lines of business as well."

"We are pleased that Morneau Shepell has accepted our invitation to partner with IBN as our exclusive Canadian partner and will bring us its broad capabilities in benefits and retirement consulting, administrative solutions, disability management and employee assistance programs," said Sally Hart, Executive Director, International Benefits Network.

About International Benefits Network (IBN) IBN is a network of independent employee benefit consultants in over 70 countries around the world, providing member firms and their clients with access to international employee benefits expertise. www.intlben.com.

About Morneau Shepell Inc. Morneau Shepell is the largest company in Canada offering human resources consulting and outsourcing services. The Company is the leading provider of Employee and Family Assistance Programs, as well as the largest administrator of retirement and benefits plans. Through health and productivity, administrative, and retirement solutions, Morneau Shepell helps clients reduce costs, increase employee productivity, and improve their competitive position. Established in 1966, Morneau Shepell serves more than 8,000 clients, ranging from small businesses to some of the largest corporations and associations in North America. With approximately 3,300 employees in offices across North America, Morneau Shepell provides services to organizations across Canada, in the United States, and around the globe. Morneau Shepell is a publicly-traded company on the Toronto Stock Exchange (TSX: MSI). For more information, visit morneaushepell.com.

SOURCE Morneau Shepell Inc.

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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