UK - State Street Corporation has been appointed by London based investment house Quilter Fund Management to provide custody and fund accounting to the £5bn firm.
State Street will also offer full transfer agency services for all Quilter funds using its International Financial Data Services (IFDS) - the joint venture between State Street and DST Systems.
Quilter - a unit of Morgan Stanley-owned Quilter & Co - handles assets on behalf of institutional bodies including UK and overseas pension funds, private clients, and life companies.
By Madhu Kalia
Trustees lack expertise, time and resources to develop effective communications on technical pensions issues and need professional help, a major review of the British Steel saga has concluded.
In this week's Pensions Buzz, we want to know if you think trustees should consult directly with members before agreeing to a DB superfund buyout.
Thousands of savers taking tax-free lump sums ahead of retirement are at risk of a pensions shortfall in later life due to neglecting their remaining pot, Zurich has warned.
Professional Pensions is looking to update its list of pensions master trusts in the UK ahead of authorisation. Can you help?