CIBC Mellon Will Provide Asset Services To Marine Atlantic Inc. Pension Fund

CIBC Mellon Global Securities Services Company was selected by Marine Atlantic Inc. to provide custody, accounting and administrative services for the company’s $520 million pension fund
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CIBC Mellon Global Securities Services Company was selected by Marine Atlantic Inc. to provide custody, accounting and administrative services for the company’s $520 million pension fund.

“We put a high value on transparency of our pension fund administration,” says Rhona Green, vice president of human resources at Marine Atlantic Inc. “CIBC Mellon’s commitment to delivering real-time information, exceptional knowledge of benefit payment administration and robust technology put the company head and shoulders above its competition.”

“CIBC Mellon’s dedication to safety, reliability and superior risk management helps pension plan sponsors meet and exceed their objectives,” says David S. Linds, senior vice president, business development and client relationship management at CIBC Mellon. “Our clients have peace of mind in knowing that CIBC Mellon’s internal controls are important elements in the successful administration of their programs.”

D.C.

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