SCHEME wind-up victims who fell outside the scope of both the Financial Assistance Scheme and the Pension Protection Fund will qualify for help, the government has confirmed.

UK - Dynamic allocation funds have proven increasingly popular with defined benefit (DB) pension schemes in the past year, according to Baring Asset Management.

US - Institutional investors have started making fundamental changes to their fixed income strategies, including staffing up in-house capabilities to research the asset class, according to Greenwich Associates.

GLOBAL - The trustees of the International Accounting Standards Committee (IASC) Foundation have issued proposals to create a monitoring group and expand IASB geographical membership to improve transparency and diversity.

CANADA - The CAN$39bn (US$38.8bn) Public Sector Pensions Investment Board (PSP Investments) posted a $450m write down as a result of collateralised debt obligations (CDOs), according to its annual report.

AUSTRALIA - Super funds must diversify away from equities and towards other assets to protect themselves against 'shocks' brought on by a lack of diversification, a report from Russell has recommended.

US - New York Life Retirement Plan Services (NYL) has launched bundled pension services for defined benefit (DB) union pension plans.

UK - The Pensions Regulator's (TPR) announcement it will not backdate its stance on longevity and scheme funding has received a cautious welcome from the industry.

NEDGROUP Investments has announced its premium portfolio fund has raised around $35m (£17.5m) from institutional investors since its launch in February.

UK - Newsquest Media Group pension scheme has allocated 10% of its market value to two funds of hedge funds, in a quest for diversification of assets and superior risk adjusted returns.