IRELAND - Brown Brothers Harriman is to provide custody and fund administration to the Merrill Lynch Global Selects Portfolio.
“By choosing to expand our existing global relationship to include one of their newest and most innovative products, we believe this truly validates our approach to meeting and exceeding individual client expectations,” said Susan Livingston, BBH partner.
“As Merrill continues to grow the Global Selects offering, BBH will apply our fully integrated, customisable services and products to meet their global growth needs.”
An innovative funding structure has been agreed for Croydon Pension Fund. However, there are some concerns about the arrangement. Stephanie Baxter reports
Some 52% of red flags raised by schemes on suspected scam pension transfers involve advisers or unregulated introducers, a report by the Pension Scams Industry Group (PSIG) has claimed.
The Norfolk Pension Fund has been successful as the lead plaintiff in a class action case that went to jury trial in California involving securities fraud.
In this week's Pensions Buzz, we want to know whether bosses should have to pay into the same staff DB scheme as their workers rather than their own executive pension fund.