SOUTH AMERICA - JPMorgan has moved further into the South American market, having secured custody services for Peru's Central Securities Depository and the Central Securities Depository of El Salvador (CEDEVAL).
Francis Stenning, president and CEO of Cavali, said: "We selected JPMorgan due to its strong commitment, experience and focus in Latin America.
"JPMorgan's modern technology and online reporting, as well as local language capabilities, will help us improve operating efficiencies and allow us to capitalise on new opportunities in the market."
Some of the UK's biggest pension schemes will be forced to report on climate risk in line with recommendations from the Taskforce for Climate-related Financial Disclosures (TCFD).
TPT Retirement Solutions has launched a pension scheme for the education sector which offers schools both defined contribution (DC) and defined benefit (DB) pension provision.
The People's Pension has revealed plans to overhaul its charging structure, cutting fees and returning profits to members with an aim to help people save more money for retirement.
Data consultancy ITM has appointed Akash Rooprai as head of client management to lead its de-risking business.