US - Brown Brothers Harriman has hired Stephanie De Sisto as senior vice president in charge of fund accounting and fund administration in Boston.
For the last eight years De Sisto worked with Aetna Mutual Funds as senior vice president of mutual fund accounting and administration and as treasurer/CFO of the funds.
Prior to that she was assistant vice president of Mutual Fund Accounting at Investors Bank & Trust.
The Pensions Regulator (TPR) has granted 11 master trusts extensions to apply for authorisation, as it confirms it has received 22 applications ahead of the 31 March deadline.
Aegon Master Trust, Fidelity Master Trust and Ensign have sent off their authorisation applications to The Pensions Regulator (TPR).
Self-administered pension funds spent £15bn on payments to pensioners in Q4 2018, but received just £12bn in contributions (net of refunds), Office for National Statistics (ONS) data reveals.
Aberdeen Standard Investments (ASI) and Gresham House are to team up to form a joint venture.