CitiStreet formed CitiStreet Consulting Services, a new business unit providing actuarial and other consulting services for defined benefit and defined contribution plans, including strategy and plan design for retirement and health plans. The consulting will be outsourced to Chicago Consulting Actuaries, said Monica Gallagher, relationship director, director of the new venture.
"We felt if you talk the talk you should walk the walk; that if something is not your core business, you should oursource it. So we formed a strategic alliance (with Chicago Consulting), said Ms. Gallagher, who was a consultant with Unifi.