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Industry news

LAFPP submits custody RFI


01 July 2010 Los Angeles
Reporter:

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Image: Shutterstock
The City of Los Angeles Fire & Police Pension Plan (LAFPP) has submitted a Request for Information on master trust custodial banking services. The announcement said that the request was as a result of the continuing innovation and consolidation in the six years since it last surveyed the marketplace.

Following the RFI, the LAFPP says it may in the future issue a RFP, but any organisation responding to the RFI will not receive additional benefits if it then responds to the RFP.

The deadline for responses is July 30.
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