Probity signs up three life cos for launch,

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Probity, the online fund governance service developed by Isle of Man-based Acuity Consultants, has a...

Probity, the online fund governance service developed by Isle of Man-based Acuity Consultants, has announced three initial life company subscribers to sign up to its service, which officially launched on 1 September. Based in Ireland, the subscribers are Aegon Scottish Equitable International, Generali International and Standard Life International. Coverage is expected to reach 40% of the UK portfolio bond market in the near future, the company said. Probity provides the first systemised solution for life companies evaluating external fund links to their portfolio bond products from a...

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