NETHERLANDS – Rijswijk based Mn Services, the recently split fund management services arm of the NLG40bn (e18bn) Dutch metal and technical industries pension fund (Bedrijfstakpensioenfonds voor de Metaal en Technische Bedrijfstakken) has signed a declaration of intent on co-operation with support services provider Cap Gemini Ernst & Young, in its bid to court third-party pension fund business.

Both companies have agreed to investigate how co-operation could lead to the founding of a new organisation by January 1, 2002.

Mn Services says the move is inspired by its ambition to increase it customer base by improving its fundamental provision of services.
The group, which recently announced its new board, currently provides pension services and asset management for 350,000 employees and 36,000 employers within the Dutch metal and technical industry sector.

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