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.
Occupational pension provision has continued to grow in value, but there remains large variance in incomes across the pensioner age group, according to latest government data.
Defined benefit (DB) schemes could have an aggregate surplus by 2021 under Pension Protection Fund (PPF) projections, its strategic plan for 2018 to 2021 reveals.
Investment consultants are failing to recommend products that outperform net of fees, the Competition and Markets Authority (CMA) has said as its investigation into the market continues.
This week's top stories included coverage of the much-anticipated defined benefit (DB) white paper and the sector's reaction.