Jamaican pensions stay in house

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JAMAICA - Jamaica's National Commercial Bank (NCB) said legislative reform in 2004 necessitated the transfer of pension fund assets to NCB Insurance - despite double digit growth over the past four years in its original holders, the $43.5bn WITCO fund.

NCB Insurance managing director Ingrid Chambers confirmed they would try to cross sell to new customers, but would not force them into buying products. Chambers added: “We will be developing ind...

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