LUCIDA has appointed State Street to provide with a range of investment services for its bulk-annuity business set to be launched later this year.
State Street will provide Lucida with global custody, investment accounting, performance measurement, securities lending, transition management and compliance monitoring services. Lucida operations...
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This week's top stories included Cardano announcing plans to acquire Now Pensions from a Dutch pension fund later this year.
Royal Bank of Scotland (RBS) faces a £102m impact on liabilities as a result of equalising guaranteed minimum pensions (GMPs), according to its annual results.