EUROPE - JPMorgan Worldwide Securities Services (WSS) has appointed Benjie Fraser as senior vice president and the new position of head of business development for European pension funds.
The new role is part of WSS’ focus on pension funds and their administration.
Fraser joins from Bank of New York, where he was head ofEuropean pensions. He has over 16 years of experience in the pensionsindustry and has spent more than 20 years in financial services.
We are very pleased to be joined by someone with Benjie's broad experience, particularly at this important time for the pensions industry, said Dick Feehan, WSS securities company sales executive in Europe, Middle East and Africa.
JPMorgan Worldwide Securities Services provides custody services to nearly 40% of UK pension funds.
By Kristen Paech
The proposed cold-calling ban may be ineffective if a collaborative regulatory approach between the UK and the European Union (EU) is not maintained post-Brexit, the Pensions Management Institute (PMI) has warned.
Some 56% of defined contribution (DC) asset managers do not believe they will have transaction cost information in time for pension funds' March year-end statements, according to Lane Clark & Peacock (LCP) research.
NEST has appointed Clive Elphick, Martin Turner, Mutaz Qubbaj and Chris Hitchen as trustee members of its reshaped board.
Most people want to avoid investing in projects that contribute to climate change, and would consider moving to another less-exposed provider, according to a survey commissioned by ClientEarth.