June 2017

Jamaica. Rebranded VM Pensions Management Plans Operations Overhaul

Prime Asset Management has changed its name to Victoria Mutual Pensions Management Limited to identify more closely with its parent company. The third-largest pension fund manager by assets under management is using the opportunity to refresh its operations and improve performance levels, according to CEO Rezworth Burchenson. "We have a robust pipeline of new investments," said Burchenson ahead of Tuesday's rebranding ceremony. They include upgrading VM Pension's investment management platform with a spend of over $100 million; upgrading the administration system;...

May 2017

Jamaica’s labour minister urges population to get a retirement plan

By virtue of their longevity, centenarians Violet Mosse Brown, 117, and Hubert Williams, 104, have ostensibly highlighted the importance for working Jamaicans to acquire retirement plans, Minister of Labour and Social Security Shahine Robinson has pointed out.“To me, Auntie Vie (Mosse Brown) is a living testimony of the importance of the need to plan for retirement right from the start. And I am sure that Mr Williams can also tell you how important it is to plan,” Robinson...