HSBC confirms new business with Dorset County Council

HSBC Securities Services (HSS) has secured agreement to provide performance measurement services in addition to its existing custody services to Dorset County Councils Pension Fund. The Dorset Pension Fund has a current capital value of GBP1.3 billion. A spokesman for

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HSBC Securities Services (HSS) has secured agreement to provide performance measurement services in addition to its existing custody services to Dorset County Councils Pension Fund. The Dorset Pension Fund has a current capital value of GBP1.3 billion.

A spokesman for the County Council said We have enjoyed very good levels of service from HSS since we first appointed them as custodian in 1996. When it came to reviewing the provision of performance measurement services, with their proven track record, it was a logical step to combine this with our existing arrangements. We look forward to continuing our long standing relationship with the team. Pat Sharman, head of relationship management pensions within HSS fund services business said: “We are delighted to be have been selected by Dorset County Council to provide this additional service. They are a highly valued customer of HSS and with whom we enjoy a successful and long standing relationship.

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