Risk and Financial Services, the segment had 6% revenue growth on a pro forma basis last year. We helped clients tackle a host of changes that were regulatory changes. There was the euro prices and the low-interest environment, M&A activity. And in insurance market

[Audio Gap]

and the insurance investment firm operating in Europe, the Middle East and Africa and North America to broaden our insurance consulting offering. In investment, delegated investment solutions, which is where we take on a lot more responsibility. We function almost as the Chief Investment Officer, say, for a pension fund. But we are seeing the demand for that growing in both the U.S. and the U.K. Assets under advice for Towers Watson's delegated business are in excess of $50 billion. So in the U.S. alone, the assets under advice using this approach have increased about $5 billion over the last 18 months. Again, we're seeing a lot of that. A lot of investors, but not the very largest [Audio Gap]

Read the rest of this transcript for free on seekingalpha.com

If you liked this article you might like

Antitrust Nominee Delrahim Must Convince He Can Temper Trump Rants on Megadeals

3 Economic Developments to Watch in Europe This Week

GE Cuts $3.8 Billion in Retiree Health Costs in Push to Trim Benefit Plans

GE Cuts $3.8 Billion in Retiree Health Costs in Push to Trim Benefit Plans

Corporate America Saves $3 Trillion by Putting Retirees on Obamacare

Towers Watson (TW) Stock Price Target Lowered at Deutsche Bank