Taiwan pension fund PSPF seeks local bank to provide trustee services for investments

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March 3, 2026
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Taiwan’s Public Service Pension Fund (PSPF) is looking to hire a local bank to provide trustee services for its investments for a five-year period.

Banks bidding on the mandate must be rated at least BBB minus by Standard & Poor’s Corporation or Fitch Inc, according to PSPF’s request for proposal on February 25.

The lenders must also have been established for at least five years, with a minimum registered capital of NT$50 billion (US$159 million).

The application deadline is March 17 and the winning bidder’s appointment will be effective July 1.

The PSPF, a retirement fund for civil servants, teachers and military personnel, managed NT$1.18 trillion (US$38.5 billion) of assets as of end-2025.

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