June 16, 2025
NCB Financial Group Limited (NCBFG) has advised that an agreement with its Jamaican subsidiaries, NCB Insurance Agency & Fund Managers Limited (NCBIA) and Guardian Life Limited (GLL), has been reached for the transfer of the pension fund portfolio of NCBIA to GLL along with the functions supporting the portfolio. NCBFG has further advised that completion of this transaction is subject to receipt of the requisite regulatory approvals as well as any other consent required and will not have a material impact on the future earnings or the asset base of NCBFG.
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