Core Viewpoint - Willis Towers Watson (WTW) is in discussions to potentially acquire Cushon, a workplace retirement schemes platform owned by NatWest Group, following an auction process that attracted interest from multiple companies in the sector [1][2] Group 1: Acquisition Details - The financial terms of the potential acquisition of Cushon by WTW remain unclear at this stage [1] - Cushon is reported to hold approximately £3.7 billion in managed assets, and if an agreement is reached, it could be valued at over £150 million [2] - NatWest became the majority owner of Cushon in June 2023 after acquiring a controlling interest for £144 million, with Cushon's management retaining a 15% stake [2] Group 2: Business Operations and Strategy - Cushon provides workplace pension and savings solutions for over 650,000 members associated with more than 21,000 employers [3] - The potential divestment of Cushon aligns with NatWest's strategy under CEO Paul Thwaite to focus on key objectives, including simplifying operations and enhancing balance sheet and risk management following its transition out of taxpayer ownership [3] - Cushon's product offerings include workplace pension plans and various Individual Savings Accounts (ISAs), such as Junior ISAs, Lifetime ISAs, and General Investment Accounts [4]