BlackRock has been selected as the asset manager and Previnet as the administration service provider for RESAVER, a pan-European pension plan for researchers. Speaking at an event in Budapest, Tony Stenning from BlackRock said RESAVER's launch would be important for growth in the pan-European pension market. Previnet will provide online tools to RESAVER members. KPMG, Deloitte, BDO, and Lydian CVBA were also selected as RESAVER's external providers. Initial contributions to RESAVER are expected in the fall from several research institutions.