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PrintJ.P. Morgan re-appointed custodian for The Plumbing and Mechanical Services Pension Scheme
Jan 08, 2009
The Trustee of the £1 billion scheme has also appointed J.P. Morgan to provide fund accounting and performance measurement services. The scheme is already part of J.P. Morgan’s securities lending program, and has been a client of J.P. Morgan since 1996.
London, January 8, 2009 – J.P. Morgan’s Investor Services business today announced it 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 J.P. Morgan to provide fund accounting and performance measurement services. The scheme is already part of J.P. Morgan’s securities lending program, and has been a client of J.P. Morgan since 1996.
Benjie Fraser, head of J.P. Morgan Investor Services’ pensions group, said: “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. J.P. Morgan seeks to make available a full and seamless suite of services to support clients of all sizes and types.”