The Bank of New York (BoNY) has acquired a 4.9% stake in Dutch-based custodian Kas-Associatie for investment purposes. Kas-Associatie provides securities custody services and settlement and administration of securities and derivatives transactions and its client base comprises institutional investors, banks, brokers, investment institutions, and private clients.
The bank employs a staff of 750 at offices in Amsterdam and London.
The registration deadline for the Workplace Savings & Benefits Awards 2019 is today.
This week's top stories were the DWP giving the green light to CDC and TPR granting extensions for 11 master trust authorisation applications.
Susan Martin says building strong foundations for business are the only way forward as the pensions industry is radically shaken up
The Pensions Regulator (TPR) has granted Now Pensions a six-week extension for its master trust authorisation application after the 31 March deadline, PP can reveal.