Brightwell Reappoints Northern Trust for Investment Operations Outsourcing Services
Northern Trust (Nasdaq: NTRS) today announces it has been reappointed by United Kingdom (UK) defined benefit (DB) pension scheme manager Brightwell as its provider of investment operations outsourcing services.
- Northern Trust (Nasdaq: NTRS) today announces it has been reappointed by United Kingdom (UK) defined benefit (DB) pension scheme manager Brightwell as its provider of investment operations outsourcing services.
- Brightwell, formerly known as BT Pension Scheme Management, is the primary service provider to the BT Pension Scheme (BTPS).
- Brightwell has also this year begun offering its capabilities across member services, advisory and funding and fiduciary services to other like-minded DB schemes alongside BTPS.
- Peter James, chief investment administration officer at Brightwell, said: “As our longstanding provider of asset servicing solutions, Northern Trust’s capabilities support our focus on delivering sustainable funding, investment solutions and member services to UK pension scheme clients to help them reach their endgame objectives.