UK - JPMorgan Investor Services is taking over from State Street as custodian for the £800m Hanson Industrial Pension Scheme.
JPMorgan’s UK client management executive for Europe, the Middle East and Africa, Sue Curtis, said: “This is a gratifying recognition of the importance we attach to working with pension schemes.”
Hanson is the largest producer of concrete pipes in the world and the third largest producer of ready-mixed concrete.
The Brunel Pension Partnership has become the fourth local authority pool to receive the green light from the regulator.
Defined benefit (DB) schemes are to be offered a new consolidator as the former chief of the Pension Protection Fund (PPF) launches 'The Pension SuperFund'.
Martin Freeman has been hired as head of technology product and development at Smart Pension, to support the 'growing' technology product side of the business.
Tim Sharp says the government has missed some big opportunities to help workers in the DB white paper.