Stichting Financiering Voortzetting Pensioenverzekering (FVP) has awarded a €700 mandate to Syntrus Achmea, IPE reports. The mandate is temporary as the Dutch foundation will be liquidated in 2013. The asset manager will be responsible for proper liquidation of the FVP, which finances pension insurance for unemployed older workers. The new contract will be effective from April 1, 2011.
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