JPMorgan’s Investor Services business has been re-appointed custodian by the trustee of The Plumbing and Mechanical Services (UK) Limited Pension Scheme.
The Trustee of the 1 billion scheme has also appointed JPMorgan to provide fund accounting and performance measurement services. The scheme is already part of JPMorgan’s securities lending program, and has been a client of JPMorgan since 1996.
“We are delighted to have been reappointed by, and asked to provide additional services to, a valued client like the trustee of the Plumbing and Mechanical Services Pension Scheme,” says Benjie Fraser, head of JPMorgan Investor Services’ pensions group. “JPMorgan seeks to make available a full and seamless suite of services to support clients of all sizes and types.”
D.C.