UK - JPMorgan Treasury Services has now settled 500,000 foreign exchange trades through the Continuous Linked Settlement system (CLS).
JPMorgan also announced that it had won its twenty-eighth client mandate to provide CLS settlement services with an appointment by the Mercantile Discount Bank in Israel.
The Pensions and Lifetime Savings Association (PLSA) is in the process of convening an industry-wide group to take forward the work of the Institutional Disclosure Working Group (IDWG).
The Transfers and Re-registration Industry Group (TRIG) has given its support to an initiative which aims to complete occupational pension transfers within three weeks.
Scottish Widows has completed a bulk annuity deal for the Hitachi UK Limited Pension Scheme.