SSS places funds under SECB TAMG | BusinessMirror

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SSS places funds under SECB TAMG | BusinessMirror
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The SSS, the government’s social insurance program for the country’s private sector workers and their families, has awarded the TAMG of Security Bank Corp. (PSE: SECB) with a fund management contract, the lender announced last Monday.

THE Social Security System , the government’s social insurance program for the country’s private sector workers and their families, has awarded the Trust and Asset Management Group of Security Bank Corp. with a fund management contract, the lender announced last Monday.

Since 2019, the SSS has tapped reputable partners in the fund management industry to enhance the investment portfolio return and consequently extend the actuarial life of the SSS Fund, according to the lender. Lim, who is also division head of sales and client acquisition of the TAMG, added that through this partnership, the lender “can extend our promise of ‘better banking’ not only to [the] SSS but also to its members, through prudent fund management.”

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