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Portal Scoops Up Contemporary Pensions

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A benefits firm has acquired a pension services company.

Portal Group Holdings Inc., Walnut Creek Calif., has folded Contemporary Pensions & Insurance Services Inc., Walnut Creek, into its own operatins.

Charles Yeomans is the president of Portal.

Mike Weintraub, the president of Contemporary Pensions, is a member of the qualified plans committee at the Association for Advanced Life Underwriting, Falls Church, Va.