A new guide is being published by the National Association of Pension Funds (NAPF) to help pension fund managers and trustees understand global custody.
Custody made simple is being launched at the NAPF Annual Conference in Liverpool at a time when the role of global custodians in safe-keeping the assets of pension funds is more important than ever.
The guide focusses on asset safety. It also provides practical insight into the key responsibilities of a global custodian; the core services that a pension fund should expect; and help in choosing a provider that serves the needs of a pension fund and its members. The guide is the latest addition to the NAPF’s popular Made simple series.
Joanne Segars, NAPF Chief Executive, said:
“Pension funds are increasingly relying on global custodians to ensure that their assets are safe. This guide will help pension fund managers and trustees deal with custody issues. It provides key information about asset safety and the services that pension funds should expect from global custodians, as well as how they can choose a custodian that is appropriate to their needs.”
Custody made simple guide is written and sponsored by HSBC. It is officially launched at the NAPF’s Annual Conference in Liverpool today.
Drew Douglas, Co-Head of HSBC Securities Services, said:
“Global custodians play an important role in enabling pension funds to give members confidence that their assets are being kept safe. We are pleased to be sponsoring this guide which we hope will be helpful to both trustees and pension funds looking to understand the role of a global custodian in more detail.”
The guide (hard copy) costs £18 for NAPF members and £35 for non-members.It can be ordered online on NAPF's website here.
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