UK - Kas Bank has won a custody mandate with the £105m Brunner Mond Pension Fund.
The soda ash producer has briefed Kas to provide a full range of core services, with the possibility of using the custodian’s performance measurement services in the future.
William M Mercer advises the scheme.
By Alistair Graham
This week's edition of Professional Pensions is out now.
Ben Gunnee reflects on 2018 and talks about the Fiduciary Management trends to keep an eye on in 2019
Lloyds Banking Group secured 630,000 new pension customers last year, according to its 2018 annual results.
Guy Opperman has rejected calls to speed up changes to auto-enrolment (AE) despite increasing pressure to boost contribution rates and overall savings pots.