UK - London Pensions Fund Authority (LPFA) has appointed JPMorgan to provide portfolio administration and performance reporting for its alternative investment portfolio.
JPMorgan is the also global custodian for LPFA's £3.6bn (US$7.3bn) portfolio, and has been since 1991.
Vanessa James, investment director at LPFA, said: "JPMorgan has been our long-standing trusted provider of custody and related securities services, and we are pleased to extend our relationship with them to also include private equity fund services."
A "substantial" parliamentary bill acting as a "roadmap" for the long-term future of private pensions will lead to a "significant period of calm", Guy Opperman has promised.
The Department for Work and Pensions (DWP) has completed its appointment process for the Single Financial Guidance Body's (SFGB) board, naming three non-executive directors.
Pensions and financial inclusion minister Guy Opperman has launched a simplified two-page annual statement in a bid to provide a best practice template for the industry.
Some 70% of defined contribution (DC) members want to know their scheme is personalised and tailored to their needs, an Invesco language study reveals.